Okla. Utility Wins $100M For Union Pacific Overcharge

Law360, New York (July 28, 2009, 1:43 PM EDT) -- The U.S. Department of Transportation's Surface Transportation Board has granted Oklahoma Gas & Electric Co. $100 million in rate relief and reparations over the next decade from Union Pacific Railroad Co., finding that the rail carrier miscalculated the amount it charged OG&E for coal shipments.

The board issued its ruling Friday, determining that Union Pacific overcharged OG&E between $1.66 and $1.91 per ton of coal delivered during the first two quarters of 2009 and telling the railroad company to reimburse the difference.

Union Pacific was also...
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