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Rail Industry News

Canada’s railroads confront market gravity

(Source: Bloomberg, June 9, 2015) NEW YORK — Investors are rediscovering a stock-market lesson in Canada: Shares of the country’s two biggest railroads don’t always go up. Canadian National Railway Co. and Canadian Pacific Railway Ltd. are falling this year, raising...

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DOT-117 defined

(Source: Railway Age, June 5, 2015) NEW YORK — The wait for a new tank car specification is over. Now comes the “fun” part: Retrofits to older cars, and potentially onerous operating rules. Full story: Railway Age

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