Thursday, April 18, 2013

Rebate raiders hit Pilot Flying J to intimidate Haslams, local economy

Unpaid rebates become a criminal matter

On Monday in Knoxville the chief steward of national economy, the U.S., conducted a raid on the headquarters of a Tennessee company, Pilot Flying J, to execute four search warrants on one of the largest private companies in the U.S. Pilot Flying J runs travel centers along the nation’s highways, and has among its customers trucking companies.
At issue are Pilot rebates to trucking outfits. A rebate is “a return of part of a payment, serving as a discount or reduction,” (Black’s Law Dictionary). A rebate in the trucking field is an inducement for a company such as Schneider or the Maersk to increase its purchases of diesel fuel. A company buying 200,000 gallons pays a lower rate than one buying 100,000. When a company paying the 100,000 rate for fuel reaches 200,000, it is due a rebate for having reached a higher level.

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