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Icahn's Railcar Co. Asks DC Circ. To Rethink Tank Weld Rule

By Abraham Moussako (March 9, 2017, 5:46 PM EST) -- A railcar manufacturer controlled by activist investor Carl Icahn has asked the D.C. Circuit to rescind a Federal Railroad Administration directive requiring a class of tank freight railcars to undergo new inspections for weld flaws, arguing it failed to demonstrate the mandated inspection schedule was necessary for preventing cargo leaks....

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