FreightCar America
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Rail
FreightCar America eyes improving opportunities in 2021
An anticipated increase in North American rail traffic, coupled with FreightCar America’s move of its manufacturing to Mexico, should provide support to the company in…
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Rail
Rail Roundup: FreightCar America names new CFO; US rail volumes flat
FreightCar America makes Terry Rogers its permanent CFO, the Association of American Railroads reports weekly U.S. rail volumes rose 0.3% year-over-year, and The Broe Group…
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Rail
FreightCar America justifies production move to Mexico
Market conditions hastened the railcar manufacturer’s decision to move all of its railcar production to Mexico, according to company executives during the third-quarter earnings call.
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Rail
Wabtec to reduce headcount as rail industry copes with lower volumes
The rail equipment and technology provider is one of many companies that have laid off or furloughed employees because of the lower-volume environment exacerbated by…
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Rail
FreightCar America closing Alabama facility, consolidating operations to Mexico
“Depressed railcar demand” and the need to cut costs factored into the manufacturer’s decision.
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Rail
FreightCar America sees ‘pockets of opportunity’
Although the order volume for new railcars could be “lumpy” industry-wide, the railcar manufacturer hopes to take advantage of increased inquiries.
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Rail
FreightCar America anticipates challenging headwinds
The manufacturer is still producing new railcars but expects market conditions to be rough for a while.
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Rail
FreightCar America temporarily suspends production at Alabama facility
The railcar manufacturer shut down the Shoals facility for seven days after an employee contracted the coronavirus.
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News
Railcar depression evident in FreightCar America’s 4Q results
FreightCar America’s fourth-quarter results highlight the weakened railcar demand environment.
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Rail
Report: FreightCar America closing Roanoke plant
Remaining employees will complete the final order before decommissioning equipment at the facility.
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