fuel surcharge
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Rail
Discussions among railroads to be allowed as evidence in price-fixing lawsuits
Communications between the railroads about fuel surcharges can be included in legal proceedings pertaining to alleged price fixing that occurred in the early 2000s, a…
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Rail
Feds: Railroads’ rate discussions can be evidence in price-fixing lawsuits
Federal agencies in a “friend of the court” filing say discussions among Class I railroads can be admissible as evidence in dozens of lawsuits involving…
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Rail
Shippers warn of antitrust ramifications
Shippers’ lawsuits on alleged price fixing on fuel surcharges see continued activity. A hearing is scheduled in August.
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Rail
Railroads want price-fixing lawsuits at one venue
A U.S. judicial panel will hold a hearing in late January that will take up defendant Class I railroads’ request to move legal proceedings on…
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Rail
Shippers hammer railroads with lawsuits over fuel surcharges
Companies file a flurry of lawsuits against the big four U.S. Class I railroads, alleging their fuel surcharge programs violated antitrust laws.
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Rail
Surface Transportation Board issues two proposed rulemakings
The rulemakings address cost of capital calculations and rail performance data for chemicals and plastics traffic; shippers also press Board to act on fuel surcharges.
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Rail
Court rejects rail shippers class formation request; senators press for rail reform
A federal appeals court denies a request by rail shippers to form a class lawsuit, and U.S. Senators press the Surface Transportation Board to take…
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Company earnings
Soft CVTI guidance sparks truckload selloff
Covenant Transport is the first enterprise carrier to lower guidance for Q1 on a numbers of headwinds, none of which are macroeconomic—yet.
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Truckload carriers have largely managed to neutralize exposure to fuel prices
Even though the Department of Energy’s reported diesel per gallon price has risen 27% since early 2017, carriers have seen their net fuel expense per…
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