1 minuteread by Gary Huddleston

Lessor — the person granting the lease, the landlord. When used in connection with the motor carrier industry, and especially in connection with owner-operator situations, the term refers to the owner of a commercial motor vehicle who contracts with the entity that holds operating authority for the use of his or her motor vehicle (with or without a driver) in the motor carrier’s business.

1 minuteread by Gary Huddleston

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