(The following appeared on the Omaha World-Herald website on June 8, 2011.)
OMAHA, Neb. — Union Pacific Railroad on Wednesday vehemently rejected a lawsuit’s claims that the Omaha-based railroad and BNSF Railway Co. breached federal anti¬trust laws through price fixing and collusion with other major railroads.
The lawsuit, filed Tuesday by Oxbow Mining, an international mining and energy company, said U.P. and BNSF, whose parent company Burlington Northern Santa Fe Corp. is owned by Warren Buffett’s Berkshire Hathaway, benefited from establishing steep fuel surcharges and preventing customers from negotiating long-term deals. Both railroads are major employers in Nebraska.
Full story: Omaha World-Herald