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Innovation Investments Underpin Remarkable Story Behind Railroad Safety
Ed Hamberger discusses how the sweeping reduction in freight rail accidents and injuries is a direct result of the industry's rigorous development of safety innovations and upgrades to the nation's 140,000-mile rail network. As investments in new advances in infrastructure have accrued, accidents and injuries have plummeted.
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The train accident rate has fallen by 79 percent since 1980, a stunning figure that has been driven by a powerful force: innovation. Thanks to three decades of balanced regulation, freight railroads have been able to spend $600 billion on the freight rail network — enabling the industry to advance rail safety through new technologies, a commitment to research and testing, and employee training programs. In 2016, freight rail will continue to invest in innovative technologies and practices and, in the process, reaffirm the industry’s unwavering commitment to safety.