Freightcar America, Inc.
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- FreightCar America, Inc. (Nasdaq: RAIL) designs, manufactures and sells railroad freight cars, railcar components, and related services primarily for the transportation of bulk commodities and containerized freight products in North America; its core offerings include steel, stainless steel, aluminum and hybrid steel-aluminum railcars such as boxcars, covered hoppers, open-top hoppers, gondolas, intermodal and non-intermodal flatcars, coal cars, coil steel cars, mill gondola cars, and dynastack series cars, along with railcar repairs, conversions, leasing, and sales of forged, cast, and fabricated parts for shippers, railroads, and financial institutions. Founded in 1901 and headquartered in Chicago, Illinois, the company operates a primary 700,000 square foot manufacturing facility in Castaños, Mexico, with additional engineering and parts facilities in Johnstown, Pennsylvania, and employs approximately 2,030 people focused on customized railcar solutions backed by proprietary welding processes and quality controls. In February 2025, FreightCar America closed a new $35 million asset-based lending revolving credit facility with Bank of America, featuring a 4-year-9-month maturity, SOFR + 175% interest rate that reduces borrowing costs by about 35% versus the prior facility, and enhanced financial flexibility to support working capital needs and growth initiatives including organic investments and potential acquisitions; the company has also consolidated manufacturing with a state-of-the-art facility in Castaños, Mexico, to optimize costs and production flexibility amid a strategic shift from coal-dependent cars toward diversified intermodal, hopper, and gondola products.
Company News
Securities Fraud Investigation Into FreightCar America, Inc. (RAIL) Announced -- Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
Securities Fraud Investigation Into FreightCar America, Inc. (RAIL) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
FreightCar America, Inc. (RAIL) Shareholders Who Lost Money -- Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
FreightCar America, Inc. (RAIL) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Securities Fraud Investigation Into FreightCar America, Inc. (RAIL) Announced -- Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
Securities Fraud Investigation Into FreightCar America, Inc. (RAIL) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
FreightCar America Advances Aftermarket Growth Strategy with Third Acquisition in Less Than a Year
RAIL INVESTOR ALERT: Investigation of FreightCar America, Inc. Announced by Holzer & Holzer, LLC
FreightCar America, Inc. Updates Full-Year 2026 Outlook and Reports Preliminary Third Quarter 2026 Results
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Freightcar America, Inc. $RAIL Shares Sold by Arrowstreet Capital Limited Partnership