Union Pacific, BNSF Hit With Antitrust Suit

Law360, New York (June 07, 2011, 6:03 PM ET) -- Coal and petroleum coke shipper Oxbow Carbon & Minerals LLC hit Union Pacific Railroad Co. and BNSF Railway Co. with an antitrust suit in Washington on Tuesday over allegations that the companies fixed shipping prices through an arbitrary fuel surcharge.

The West Palm Beach, Fla.-based shipper accused the two rail companies of conspiring with each other and other railroad owners to set up a price-gouging fuel surcharge and gaining a monopoly power that suppresses competition. The fuel surcharge has already landed Union Pacific and BNSF in...
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