Path of Lease Assistance

Lease-purchase plans are the only way for some owner-operators to buy a truck. Use a wary eye to assess contract terms and do the math to see if it’s really a smart deal.

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Engine problems worsen, FedEx Ground wins key case, APU grants offered to OOIDA, truck-related fatalities drop and more industry issues are featured.

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Greatwide revising health plan for owner-operators

Greatwide will introduce an indemnity health care plan option for its 3,000 owner-operators, effective Dec. 1, said Rob Newell, vice president of capacity management. It will replace the optional PPO (preferred provider organization) medical insurance plan for owner-operators, which has been an industry leader, because it is not compliant with levels of coverage mandated by the new federal health care plan, he said. Newell also said the company is seeking to hire 1,000 owner-operators and company drivers ...

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