MLchartDataset catalogue

Trip lease

Term · Insurance and risk management · MLC-T-INS-003374

A short-term agreement where a motor carrier leases a truck and driver from another carrier for a single trip or a limited duration. This arrangement allows carriers to meet temporary demand or fill backhauls without owning additional equipment. The lessee typically assumes operational control and insurance responsibility for the duration of the lease.

Table 1. Record
IdentifierMLC-T-INS-003374
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003374",
  "term": "Trip lease",
  "field": "Insurance and risk management",
  "definition": "A short-term agreement where a motor carrier leases a truck and driver from another carrier for a single trip or a limited duration. This arrangement allows carriers to meet temporary demand or fill backhauls without owning additional equipment. The lessee typically assumes operational control and insurance responsibility for the duration of the lease.",
  "url": "https://mlchart.com/terminology/insurance/trip-lease/"
}

Record 3,444 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.