ECC likely to abolish freight equalisation margin
The next ECC meeting will likely abolish inland freight equalisation margin, a component which keeps oil prices the same throughout the country, according to an analyst.
ABF Freight System, Inc., one of the nation's largest less-than-truckload carriers, on Wednesday said it disagrees with, and is disappointed by, today's District Court ruling dismissing its lawsuit against the International Brotherhood of Teamsters and other parties for violations of the National Master Freight Agreement.