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Feds doling out millions to boost rail safety along heavy oil routes

Transportation Secretary Anthony Foxx said the grants would "support innovative ideas and solutions developed at the local level."

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Railcar orders show biggest drop since 1980s

Railcar makers including Trinity Industries Inc. and Greenbrier Cos. could be hurt by “a moderating U.S. industrial environment that could restrain freight traffic and new car demand,” an analyst said.

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