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The shippers alleged that Horizon entered into a conspiracy with other carriers, including Sea Star Line, Crowley Maritime Corp. and Trailer Bridge Inc., to fix prices by increasing their rates to supracompetitive levels and by uniformly setting fuel surcharges for freight services between Puerto Rico and the U.S., which are largely controlled by the defendant carriers. [read post]
13 Nov 2011, 10:47 am
YRC said the settlement, if accepted by the court, would be covered by its insurance company, according to an article in the Kansas City Star [read post]