Toyota accuses U.S. rail carriers of price-fixing conspiracy

(Source: Jacksonville Business Journal, December 17, 2019)

JACKSONVILLE, Fla. — Toyota Motor Sales USA Inc. has filed suit against the largest U.S. rail carriers, including Jacksonville-based CSX Corp., alleging a price-fixing conspiracy. The suit, filed in the U.S. District Court for the Eastern District of Texas on Dec. 13, accuses the rail carriers of violating federal law. It targets the four largest U.S.-based carriers: CSX, Norfolk Southern Corp., BNSF Railway and Union Pacific Corp.

Full story: Jacksonville Business Journal

Wednesday, December 18, 2019