FreightCar America Related Content

FreightCar America Promotes Riordan to CFO

FreightCar America promoted Michael A. Riordan to CFO. Riordan has served as the company’s corporate controller and chief accounting officer since November 2020 and will replace Terence R. Rogers. read more

FreightCar America Appoints Rogers CFO

The board of directors of FreightCar America appointed Terence R. (Terry) Rogers vice president, CFO and treasurer. Rogers had been serving as interim CFO since January. read more

FreightCar America Stockholders Approve Term Loan with CO Finance

At a special meeting, FreightCar America stockholders approved the issuance of a warrant under its previously announced new secured term loan facility with financing partner CO Finance LVS VI as well as the funding of the term loan under the facility. read more

FreightCar America’s Q3 Results Improve From Q2, Still Behind Year-Ago Levels

FreightCar America reported Q3/20 consolidated revenues of $25.2 million compared with $17.5 million in Q2/20 and $40.7 million in Q3/19. The company delivered 163 railcars in Q3/20 compared with 100 in Q2/20 and 467 in Q3/19. read more

Siena Lending Provides $20MM Credit Facility to FreightCar America

As part of its manufacturing repositioning and business transformation strategy, FreightCar America obtained a new asset-backed credit facility with a maximum aggregate principal amount of up to $20 million, subject to a borrowing base, with Siena Lending Group as lender. read more

FreightCar America Hires GE Capital Railcar Vet as Leasing GM

Freightcar America hired Dan Wallace to become vice president and general manager, Leasing at FreightCar America. The majority of Wallace’s career was with GE Railcar Services as SVP of Structured Finance and Business Development. read more

FreightCar America Acquires Navistar Railcar Assets in Cherokee, AL

FreightCar America entered into an asset purchase agreement with Navistar to acquire substantially all of Navistar’s operating assets associated with its railcar operations at the Shoals facility in Cherokee, AL. read more

FreightCar America Appoints Meyer President and CEO

FreightCar America’s board of directors appointed James R. Meyer as president and CEO, effective July 31, 2017. Meyer will succeed Joseph E. McNeely. read more

FreightCar America Appoints Baun Chief Commercial Officer

FreightCar America appointed Ted W. Baun chief commercial officer, effective June 1, 2016. Baun was previously SVP of marketing and sales for the company and has additional experience with Mitsui Rail Capital. read more

FreightCar America Appoints New CFO

FreightCar America appointed Matthew S. Kohnke as chief financial officer, vice president of finance and treasurer, effective February 29. read more

FreightCar America Q3 Railcar Deliveries More Than Double

FreightCar America said it delivered 2,354 railcars in Q3/14, up 151% from 937 railcars delivered in Q3/13. The company noted backlog of 13,514 units, up from 7,129 units a year earlier. read more

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