FreightCar America
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News
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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News
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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Company earnings
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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News
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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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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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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Report: FreightCar America closing Roanoke plant
Remaining employees will complete the final order before decommissioning equipment at the facility.
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Losses mount on the downside of railcar demand
FreightCar America sees net loss more than double as it navigates the downside of railcar demand. The company's cost restructuring remains on track.
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News
Belt tightening continues for railcar maker
FreightCar America entered a joint venture to build a new manufacturing facility in Mexico as part of its cost improvement initiative.
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