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Icahn Tank-Car Maker Joins Industry Defying Oil's Drop: Freight

2014-11-07 03:42:13| Railroads - Topix.net

Surging railroad tank-car orders at companies owned by billionaires Warren Buffett and Carl Icahn are defying an oil price drop that threatens to slow the U.S. drilling boom. Even with crude falling to a post-2011 low, manufacturers including Buffett's Union Tank Car and Icahn's American Railcar Industries Inc. can't meet demand.

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