Pilot Flying J, the truck stop chain that has been under fire for denying trucking companies and independent operators millions of dollars in fuel rebates to which they were entitled, has recently reached a settlement with eight of the trucking companies that pursued legal action against Pilot. Under the terms of the settlement, the eight firms will receive compensation for the lost rebates, as well as 6% in interest payments.
While this settlement is good news for the companies involved, there are still 13 pending lawsuits against the company in various state and federal courts across the country. Nevertheless, the decision on Pilot’s part to reach a settlement with this initial case may be a positive sign for the ability of others to receive compensation.
The trucking industry experts at TBS Factoring Service understand the many different financial issues that trucking companies and independent operators may face, and we are committed to helping truckers get the funding they need to stay on the road. If you would like to learn more about our freight factoring services, contact us today at 800-207-7661.