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UP, BNSF not going to be railroaded

Companies rail against Oxbow's antitrust lawsuit that alleges price-fixing.

Union Pacific Railroad (UP), BNSF Railway Co. and other railroad companies have come under fire from Oxbow Corp. for violating federal antitrust laws through price-fixing and collusion with other train lines.

The lawsuit, filed last Tuesday by the mining and energy giant, asserts that UP, BNSF and the other companies, CSX Corp. Inc. and Norfolk Southern Corp., conspired to establish elevated fuel surcharges and nixed the negotiation of long-term deals with customers.

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