Thousands of words written on this subject and archived on Trucking Truth. The best and most current pieces of information relevant to your question,...can be found in this link: Leasing a Truck
For me, the number #1 reason to never lease a truck is, because you bottom line (net income) is just about the same as a company driver, but with WAY too many headaches.
A truck drivers DAC report will contain detailed information about their job history of the last 10 years as a CDL driver (as required by the DOT).
It may also contain your criminal history, drug test results, DOT infractions and accident history. The program is strictly voluntary from a company standpoint, but most of the medium-to-large carriers will participate.
Most trucking companies use DAC reports as part of their hiring and background check process. It is extremely important that drivers verify that the information contained in it is correct, and have it fixed if it's not.
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Hi, I understand that you never advise truckers to lease their trucks. Why is that?