The freight-rail industry has invested an estimated $100 billion in infrastructure, equipment and technology over the past four years to prepare for a 41 percent increase in freight shipments by 2040. The investments have paid off by making U.S. railroads safer, with mainline accidents down 32 percent over the past decade, Association of American Railroads (AAR) officials said today, as they released a white paper highlighting how technology has improved rail network safety.
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