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Railcar Orders' Biggest Drop Since 1980s Hints at Slump in Industrial Production

2015-10-21 18:42:19| Railroads - Topix.net

North American railcar orders plummeted the most in at least 27 years as railroads shipped less oil and sand used for drilling, adding to concern over a U.S. industrial production slowdown. Third-quarter orders for new freight cars plunged 83% from a year earlier to 7,374, according to the Railway Supply Institute.

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