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OOIDA
vs Bridge Terminal Transport... |
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As of mid-November 2007 - Filed June 2004 in U.S. District Court, District of New Jersey. The court approved a settlement June 6, 2007, and checks totaling about $4 million were sent to about 5,000 class members. The class is defined as any owner-operators who, between June 2000 and Dec. 31, 2005, were parties to leases with BTT that contained no compensation terms. According to the company’s Web site, BTT’s terminals and owner-operator fleet make it the largest marine container hauler in the U.S. OOIDA’s Johnston said the Association believes the settlement is fair to owner-operators. “It provides for meaningful compensation to class members, and BTT has agreed to modify its lease to provide greater transparency and address the concerns expressed by OOIDA,” Johnston said. “I am gratified that after more than two years of litigation, BTT’s owner-operators will have a level playing field in terms of knowing their compensation rates.” |