Glossary · updated October 30, 2026
Leasing Company
Also known as: Equipment Leasing Company
By Korey Sharp-Paar · Reviewed by the Fast Trucking Compliance team
Definition
A leasing company is a company that leases commercial motor vehicles to motor carriers. Leasing companies are one of the four entity types named in the UCR statute and must register and pay the UCR fee annually. Whether and how leased equipment counts toward a carrier's own fleet-size bracket depends on the terms of the lease and who reports the units on their MCS-150. Brokers, freight forwarders and leasing companies pay the Bracket 1 fee. Like a motor carrier, a leasing company registers through a single base state, and the fee is the same in every state.
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UCR for Leased-On Owner-OperatorsWhen an owner-operator leases on to a motor carrier, the carrier’s UCR covers the operation. Standalone interstate authority means standalone UCR - including dormant MC numbers.
Related terms
- Motor Carrier(Interstate Carrier)
- Broker(Freight Broker)
- UCR Vehicle Count(CMV Count)
- UCR(Unified Carrier Registration)