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While truckstop giant Pilot Flying J has reached a tentative settlement over claims it bilked trucking customers out of money due to them in the form of rebates from fuel purchases, it appears to have had little effect in stopping increasing litigation.
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Despite having reached a settlement with some trucking customers, Pilot Flying J faces new litigation over claims it cheated some operations – and there is another move to depose CEO Jimmy Haslam.
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The price for diesel has fallen for the second straight week, putting it a little above where it was four weeks ago.
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A request to consolidate remaining lawsuits against Pilot Flying J over claims of fraud has been denied, with judges saying it could interfere with a settlement recently reached between the truckstop chain and some of the companies suing it over underpaid fuel rebates.
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Diesel prices this year are expected to average slightly less than they were last year and continue moving lower next year, according to a new forecast.
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The price of diesel continues to seesaw, falling just slightly this week following a just over one-penny hike last week.
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Late last week a federal judge in California ruled to dismiss three cases against Chevron filed by plaintiffs who claimed the oil and fuel giant failed to disclose the effect warmer temperatures have when it comes to dispensing fuel at the pumps causing customers to overpay.
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Prices for diesel and gasoline moved higher again over the past week as the cost of oil eased back Monday following its highest closing price on Friday since March 2012.
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[UPDATED] -- Truckstop chain Pilot Flying J has reached a multi-million dollar settlement agreement with some of the trucking companies that filed suit against it alleging the company cheated them out of fuel rebates.
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Problems for truckstop operator Pilot Flying J and CEO Jimmy Haslam show no signs of letting up, as an Ohio TV station reports that a federal grand jury is looking into possible indictments.
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