US Supreme Court rebuffs CSX bid to revive antitrust suit against Norfolk Southern

The U.S. Supreme Court declined on Monday to hear freight rail giant CSX's bid to revive its antitrust lawsuit accusing rival Norfolk Southern of illegally restricting access to a key East Coast terminal in Virginia, costing CSX hundreds of millions of dollars in lost profits. CSX had argued the statute of limitations should not be applied in its lawsuit. CSX sued Norfolk Southern in 2018 in a federal court in Virginia, accusing the rival shipper of conspiring with Norfolk & Portsmouth Belt Line Railroad Co to set an excessive fee for services at Virginia's Norfolk International Terminals, one of the most important East Coast terminals.