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Hyundai and Kia file huge lawsuit against 4 biggest US railroads

PL/OB Diego

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Perhaps backroom negotiations have led to the current Telluride distribution issues and now it has deteriorated to the filing...


The lawsuit alleges that BNSF, CSX, Norfolk Southern and Union Pacific railroads levied egregious fuel surcharges for shipping between 2003 and 2007.

The suit specifically alleges that BNSF, CSX, Norfolk Southern and Union Pacific railroads tacked on a ton of fees for shipping services under the guise of "fuel recovery surcharges" that netted the companies billions of dollars in profits during the early-to-mid-aughts.

The suit is reliant on an independent study from way back in 2007 that found that the railroads' surcharges exceeded the actual cost of fuel by $6 billion. Despite racking our brains, we can't think of any other fees that seemed that unbelievably gougey -- even airline baggage fees and Ticketmaster surcharges.

 




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