Governing lease trucks illegal

They hold the title. Not you. That simple.

 

They legally do it because you, as a leased contractor, agree to run under their motor carrier authority which makes then under Federal regulations the motor carrier responsible for the safety of the leased vehicle. What this means, they have full legal control of it while leased on to them, you may own it and be an independent contractor but in the eyes of the FMCSA they control it.

 

Do you also get the insurance coverage through the company as a part of the lease? If you do, it might simply be a requirement of the insurance policy. I have no specific knowledge, just tossing out a possibility.

 

Also, if you are talking about a lease purchase program, that is legally no different than a rental agreement until the truck is paid off, so they can do what ever they want as long as their name is still on the title. You are only contractually agreeing to operate the truck, they still maintain control over the safety, meaning speed limiter among other things.

 

In simple terms, it sucks to be you.

 

Are you serious? You can't be serious. You MIGHT be serious.

Until that far away day that you own the truck, it's not yours. It's theirs. With rules for you to abide by.

Get bank financing, sign the truck on with a good company, they won't govern your ride. Lease is a different deal.

 

I'm glad all y'all answered the op's question before I got to it . Y'all are so ####ing polite !

 

I agree and it makes sense as a 1099 independent contractor, carriers shouldn't have the say or control they far too often have over owner operators in the transportation industry.

They get away with it, until it results in a fatality or extremely costly personal injury. Then carriers are taken to court more often then not they lose and their insurance companies end up paying because they cross over the fine guidelines that govern 1099 independent contractors.

 

Hahahaha man I hadda throttle back a bit trust me...but I have asked the occasional head slappin question myself believe it or not lol