A U.S. judge in Virginia on Tuesday blocked freight carrier CSX Transportation Inc from pursuing federal antitrust claims alleging a top rail industry rival has cost it hundreds of millions of dollars in damages in lost customer contracts.
Chief U.S. District Judge Mark Davis of the Eastern District of Virginia federal court largely ruled for CSX rival Norfolk Southern Railway Co in athat closely examined competition for on-dock rail access at Norfolk International Terminals, the Virginia Port Authority's largest shipping dock.
The two rail companies are among the country's largest freight carriers, and they compete to transport containers that arrive at U.S. ports. CSX's lawyers at McGuireWoods on Wednesday declined to comment, and a spokesperson for the Jacksonville, Florida-based rail line did not immediately comment.
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