The country’s top freight railroads were hit with more than two dozen lawsuits alleging a nationwide conspiracy to rig fuel surcharge rates.
The 25 complaints, filed by individual shippers in multiple courts, target BNSF Railway Co., CSX Transportation Inc., Norfolk Southern Railway Co., and Union Pacific Railway Co., which together control about 90% of the freight rail industry.
The suits accuse the railroads of a scheme to jack up the rates of fuel surcharges, or “FSCs,” beginning in 2003.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
