Trucking Companies That Buy Out Contracts May 2026

: Known for a formal tuition reimbursement program to help drivers transition from other schools or carriers.

: These carriers often hire new grads or "driver helpers" and provide pay scales high enough to settle existing training loans quickly.

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

Experienced drivers or owner-operators often look for companies that will "buy out" their current lease or equipment so they can switch carriers.

: Provides tuition reimbursement up to $7,000 and sign-on bonuses up to $5,000 for inexperienced drivers. : Known for a formal tuition reimbursement program

: Offers a path to ownership where you can buy out your truck for just $1 at the end of the lease term, simplifying the transition from leasing to full ownership. 3. Corporate Acquisitions (Contract & Fleet Buyouts)

: Known for buying older rigs from drivers at market value and setting them up with newer equipment through their leasing programs. If they leave early, they may owe thousands in tuition debt

This week, Iowa-based trucking company Heartland Express announced the purchase of a dry van truckload carrier. Heartland Express CRST International