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
Contrasting Freightcar America (NASDAQ:RAIL) and Douglas Dynamics (NYSE:PLOW)
Railtown AI Announces Filing of Third Quarter Financial Statements and MD&A
FreightCar America Eyes Railcar Rebound After Major Market Share Gains
FreightCar America, Inc. to Present at Midwest IDEAS Conference
Freightcar America, Inc. $RAIL Shares Sold by Arrowstreet Capital Limited Partnership
Freightcar America Q2 Earnings Call Highlights
The Board of Directors of FreightCar America, Inc. Adopts a Limited Duration Stockholder Rights Plan
FreightCar America, Inc. (RAIL) Q2 2026 Earnings Call Transcript
Freightcar America Q2 Earnings Call Highlights
FreightCar America, Inc. Reports Second Quarter 2026 Results
FreightCar America, Inc. To Release Second Quarter 2026 Results On August 3, 2026
FreightCar America, Inc. Continues Aftermarket Expansion with Acquisition of Leading Regional Distributor
New Strong Sell Stocks for July 15th
Railtown AI Announces Service-Led Commercialization Strategy to Accelerate AI Adoption Among Canadian SMEs
FreightCar America, Inc. Announces Milestone Multi-Year Order for 1,900 Railcars; Second Quarter Orders for Approximately 3,000 Railcars Represent a Commercial Inflection Point
Railtown AI Technologies Announces Exercise of Warrants and Receipt of Gross Proceeds of C$2,951,252.57
FreightCar America, Inc. Joins Russell 2000® and Russell 3000® Indexes
FreightCar America Appoints Bradley J. Pickard to Board of Directors
FreightCar America, Inc. to Attend Stifel Cross Sector 1x1 Conference
FreightCar America, Inc. (RAIL) Q1 2026 Earnings Call Transcript