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
MAR 22, 2022 - 6:23 am
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
FEB 18, 2021 - 6:40 am
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
NOV 25, 2020 - 6:32 am
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
NOV 10, 2020 - 7:29 am
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
OCT 13, 2020 - 7:12 am
FreightCar America reported Q1/18 revenue was 40.5% lower compared to the same quarter in 2017. The rail-car maker’s Q1/18 railcar deliveries of 1,094 were down from 1,525 in the same quarter a year earlier. read more
MAY 3, 2018 - 12:08 pm
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
FEB 27, 2018 - 6:50 am