Thu. 5:21pm: Pilot Flying J raid focuses on incentive practices
NASHVILLE, Tenn. (AP) – A federal raid this week at the country’s largest truck stop chain, Pilot Flying J, signals fresh scrutiny of competition issues.
Federal trade officials were worried a few years ago when Pilot bought Flying J out of bankruptcy. The officials were concerned the combined entity owned by the powerful Haslam family could corner the market on diesel fuel.
To alleviate those worries, the Federal Trade Commission in 2010 required Pilot to sell some truck stops to a competitor and share its fuel purchase technology before it could merge with Flying J.
Pilot Flying J CEO Jimmy Haslam says the raid at the company’s headquarters in Knoxville was part of a criminal probe into unpaid rebates owed to trucking companies. Haslam’s brother is Tennessee Gov. Bill Haslam.