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Friday, 3 March 2023

Report: Railcar That Overheated in East Palestine Crash Was Owned by Lessor, Not Railroad

The covered hopper car that suffered an overheated axle and caused the massive train crash in eastern Ohio last month reportedly didn’t belong to the Norfolk Southern Railroad that was pulling it. A massive railcar leasing market was created in the 1980s after the railroad industry was deregulated.

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