BNSF and Union Pacific Railroad win ruling in price-fixing case
(Source: Reuters, February 27, 2013)
WASHINGTON, D.C. — BNSF Railway Company and Union Pacific Railroad Company have won a ruling dismissing a lawsuit accusing them of engaging in price-fixing and other antitrust violations in the shipment of coal and other freight.
The case was filed in Washington federal court in 2011 by a group of six related companies in the coal and petroleum coke business, including Oxbow Carbon & Minerals LLC and Oxbow Mining LLC.
In dismissing the lawsuit on Tuesday, Judge Paul Friedman ruled that the plaintiffs lacked standing to bring some claims and had not provided enough details for others.
Full story: Thomson Reuters News & Insight
Wednesday, February 27, 2013