fuel surcharge
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Modes
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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Modes
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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Modes
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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