CNW Corp.’s railroad subsidiary has agreed to...
- Share via
CNW Corp.’s railroad subsidiary has agreed to pay $15 million to settle all claims against it in a 3-year-old federal antitrust lawsuit. The settlement by the Chicago and North Western Transportation Co. leaves claims pending against four other railroads named in the $940-million lawsuit--the Burlington Northern Railroad Co., the Union Pacific Railroad Co., the Missouri Pacific Railroad Co. and the Kansas City Southern Railway Co.--a CNW spokesman said. The lawsuit, filed in October, 1984, accused the railroads of violating antitrust laws in connection with a Texas company’s efforts to build a slurry pipeline from Wyoming to coal users in the Midwest.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.