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FreightCar America eyeing market opportunities despite economic headwinds

High utilization rates show a demand for rail cars, executives for FreightCar America said during a third-quarter 2022 earnings call Tuesday.

FreightCar America: Improved Results for 1Q22; Meyer to Retire

FreightCar America: Improved Results for 1Q22; Meyer to Retire
railwayage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railwayage.com Daily Mail and Mail on Sunday newspapers.

For FCA, Positive Gross Margin for 4Q21, Delivery Outlook Up for 22

For FCA, Positive Gross Margin for 4Q21, Delivery Outlook Up for 22
railwayage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railwayage.com Daily Mail and Mail on Sunday newspapers.

FreightCar America Eyes Improving Market Conditions

Share: With one quarter in 2021 under its belt, railcar manufacturer FreightCar America believes its new manufacturing footprint, coupled with positive market conditions, will make 2021 a good year for the company. The year 2021 is about building momentum in support of expansion and profitable growth as we move forward. We re very pleased with how the new operation is performing … We believe that we are in a good position to start winning, FreightCar America President and CEO Jim Meyer said during his company s first-quarter earnings call Monday. FreightCar America sees a number of tailwinds that could support the company, including declining storage numbers for railcars and higher rail traffic volumes. 

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