Trucking Companies That Buy Out Contracts May 2026
: Known for buying older rigs from drivers at market value and setting them up with newer equipment through their leasing programs.
When a new driver attends a carrier-sponsored CDL school, they often sign a contract (sometimes called a or TRAP ) requiring them to drive for that company for a set period, typically one year. If they leave early, they may owe thousands in tuition debt. trucking companies that buy out contracts
: Known for a formal tuition reimbursement program to help drivers transition from other schools or carriers. : Known for buying older rigs from drivers
In the corporate sense, large carriers "buy out" the contracts of smaller companies by acquiring the entire business. Heartland Express trucking companies that buy out contracts