RAILROADS: Wreck at the Crossing

After four years of knee-and-gouge legal battle with the U.S. long-haul trucking industry. 24 Eastern railroads emerged last week with a black eye that is likely to remain visible for some time. In Philadelphia, Federal District Judge Thomas

J. Clary Jr. ruled that the railroads violated the Sherman Antitrust Act by engaging in "one large, ever-growing conspiracy" to destroy the competition of long-haul trucks. He awarded only nominal damages of 18ยข each to 37 trucking companies, but said he would award additional damages plus attorneys' fees and court costs to the Pennsylvania Motor Truck Association. He invited the truckers to...

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