Farmers slam America's largest trucking brokerage with a $1.1 billion lawsuit - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Farmers slam America's largest trucking brokerage with a $1.1 billion lawsuit

MIAMI, FL - NOVEMBER 29: Tractor trailers roll along the highway on November 29, 2017 in Miami, Florida.Farmers in North and South America sued C.H. Robinson, the world's third-largest logistics company, alleging illegal business practices they say defrauded them,Dozens of farmers claim the company overcharged for shipping costs of produce, illegitimately held onto additional profits, and underpaid farmers for many types of products including melons and asparagus.

counterclaims against the growers," Michael Castagnetto, President of Robinson Fresh, told Business Insider in a statement.in U.S. District Court in Minnesota mid-January seeking $1.1 billion over claims of concealed and unpaid profits as well as punitive damages. The suit against C.H. Robinson accuses the company of tracking the profits from freight topping in an internal accounting system while presenting incomplete invoices from a separate system to farmers and grocers.

Farmers are dependent on C.H. Robinson during the growing season because it is difficult to market their crops to or find loans elsewhere, Thomasson said. He claimed that farmers are afraid that if they make waves, C.H. Robinson would harm them with financial repercussions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China slams 'witch hunt' against Huawei involvement in UK 5G networks - Business InsiderChina's ambassador to the UK says Conservative Party politicians opposing Huawei's involvement in Britain's 5G network are conducting a 'witch hunt.' Witch hunt is real don't buy any products that are made by huawei unless you need hand warmer.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Taubman Centers surges as rival Simon buys for $3.6 billion - Business InsiderTaubman shares spiked on the news it will be acquired, reversing a downward trend that had gripped the stock.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The $1.4 billion deal to buy shaving startup Harry's has fallen apart - Business InsiderThe founders of Harry's are speaking out after a conglomerate that agreed to buy it for $1.4 billion pulled out of the deal to avoid a government fight
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business InsiderA car dealer is selling Al Capone's bulletproof 1928 Cadillac sedan for $1 million — see inside I'll take 10. Tupac’s BMW is for sale for $1.75mm with bullet holes included
Source: BusinessInsider - 🏆 729. / 51 Read more »

Sanders, Warren, other US senators slam Amazon safety record as dismal - Business InsiderUS senators wrote a letter to Amazon CEO Jeff Bezos severely criticizing the firm's attitude toward worker safety. These Dems are amazing..is this their plan to beat Trump..all this under purview of OSHA..what they are trying to address is unkversal healthcare in a roundabout fashion..ignoring the jobs/taxes Amazon creates/pays..their rhetoric is state mandate. Talk healthcare head on period. Amazon will be their new bff soon. Just watch. Amazon lawsuit will be Dems next Russiagate 2.0 / Ukraine 2.0. Another coup another day.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Samsung and tech companies are breaking into the advertising business - Business InsiderTech companies like Samsung are moving into the advertising business, relying on customer data to create targeted content — but it takes a lot more than that to succeed (by digitalshields) digitalshields
Source: BusinessInsider - 🏆 729. / 51 Read more »