Operator: Greetings, and welcome to FreightCar America First Quarter Earnings Conference Call. At this time all participants are in a listen-only mode.
Operator: Greetings, and welcome to FreightCar America s Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.
High scrapping rates and aging fleets provide support for railcar manufacturing as the company anticipates 2022 financial results that won’t be “obscured by restructuring activities.”
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.