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Rail companies must face US price-fixing case, plaintiffs argue

( November 22, 2024, 23:31 GMT | Official Statement) -- MLex Summary: Plaintiffs bringing US price-fixing claims against CSX Transportation, Norfolk Southern Railway, and Union Pacific Railway opposed motions for summary judgment, saying that the motions ignore the large body of evidence of their unprecedented meetings and joint conduct regarding rate-based fuel surcharges beginning in early 2003. They said that the meetings and communications about FSCs followed a lengthy period of competition in the rail freight industry, declining rates, and unsuccessful or scattered efforts to impose FSCs. See attached file. ...

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