Big Rig Lending

Lease-purchase warning signs

August 2, 2019

|


LLN (8/2/19) –
A carrier telling you they won’t allow you to have someone else review a lease-purchase agreement is a warning sign. Also, what does it take to get involved? One trucker says it’s not as hard as you might think. Jon Osburn says drivers are tired of waiting for the hours of service proposal and tired of having to fight speed limiter plans. And the Senate has approved the federal budget, raised the debt ceiling and paved the way for an annual transportation spending bill that could decide issues like speed limiters, public CSA scores and hours of service.

0:00-9:56 – Newscast

9:56 -24:39 – Getting involved

24:39-39:35 – Lease-purchase warning signs; tired of waiting

39:35-49:34 – Budget, debt ceiling and spending bills

Segment 1

Newscast

  • The OOIDA Foundation has EPA grants to pay for 25% of the cost for an auxiliary power unit. Drivers need to have a model year 1996 through 2006 truck and be based in Kansas, Missouri, Iowa or Nebraska. OOIDA membership is not required, but OOIDA members can get discounts on EPA-approved units. Go to OOIDAFoundation.org for details.
  • Jon Osburn and OOIDA’s tour truck, the Spirit of the American Trucker, are taking some time off. We’ll let you know when they’re back on the road. In the meantime, you can still join OOIDA at a discount. Just call 816-229-5791, ask for membership and mention our show for a $10 dollar discount.

Segment 2

What does it take to get involved? And does it really make a difference? Truck driver Travis Moulton says it takes far less than most people think, and yes, it makes a big difference. Mark Reddig talks with him today.

Segment 3

A carrier telling you that they won’t allow you to have someone else review a lease-purchase agreement is one of many warning signs that you need to walk away. Mark Reddig discusses that with Adam Kleinschmidt of OOIDA’s Business Services Department.

Jon Osburn says truckers are tired of waiting for the hours of service proposal and tired of having to fight speed limiter plans. Mark Reddig chats with the man who drives the Spirit of the American Trucker.

Segment 4

Congress is now in recess, but the Senate got busy before leaving, approving the federal budget, raising the debt ceiling and paving the way for an annual transportation spending bill that could decide issues like speed limiters, public CSA scores and hours of service. Mark Reddig talks with Jay Grimes of OOIDA’s Washington, D.C., office.

 

PrePass ELD