Source-grounded facts extracted from FreightCar America, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Bradley J. Pickard was appointed as Director at FreightCar America, Inc..
“On June 10, 2026, the Board of Directors (the “Board”) of FreightCar America, Inc. (the “Company”) appointed Bradley J. Pickard to the Board as a Class II director, effective June 10, 2026.”
FreightCar America, Inc. reported the first quarter ended March 31, 2026 results: revenue $64.3 million, net income $41.6 million, EPS $1.15 per share. Guidance reaffirmed.
“supplier of railroad freight cars, railcar parts and components, today reported results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights • Revenues of $64.3 million, consistent with expectations, compared to $96.3 million in the first quarter of 2025, with railcar deliveries of 577 units compared to 710 units in the prior year period • Gross”
FreightCar America, Inc. updated its the fourth quarter and full year ended December 31, 2025 guidance (initiated).
“On March 9, 2026, FreightCar America, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2025, and provided its financial outlook for the full year 2026.”
FreightCar America, Inc.: Certificate of Designation establishing Preferred Shares filed with Delaware Secretary of State (effective 2025-09-08).
“the Board approved the Certificate of Designation establishing the Preferred Shares and the rights, preferences and privileges thereof. The Certificate of Designation was filed with the Secretary of State of the State of Delaware on September 8, 2025.”
William D. Gehl retired as Lead Independent Director at FreightCar America, Inc..
“On March 20, 2025, William D. Gehl (“Mr. Gehl”), who has been a member of the Board of Directors (the “Board”) of FreightCar America, Inc. (the “Company”) since May 2007 and Lead Independent Director since May 2024, notified the Board of his decision not to stand for re-election as a Class II director at the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”), and to retire from the Board.”
FreightCar America, Inc. incurred revolving credit of up to $35.0 million with Bank of America, N.A. at Term SOFR rate plus an applicable margin ranging from 1.50% to 2.00% per annum o maturing February 12, 2030.
“On February 12, 2025, FreightCar America, Inc. (the “Company”), FreightCar North America, LLC (“FCNA”) and certain subsidiaries of FCNA (together with FCNA, collectively, the “Borrowers,” and the Company and the Borrowers, collectively, the “Loan Parties”) entered into a Loan and Security Agreement (the “BofA Loan Agreement”) by and among the Loan Parties, the lenders from time to time party thereto (the “Lenders”), and Bank of America, N.A., as agent for the Lenders (“Agent”). Pursuant to the BofA Loan Agreement, the Lenders extended an asset backed credit facility, in the maximum aggregate principal amount of up to $35.0 million, consisting of revolving loans and a sub-facility for letters of credit.”
FreightCar America, Inc. completed a disposition involving OC III LFE II LP, an affiliate of PIMCO for $113,274,739 (closed 2024-12-31).
“Redemption of Series C Preferred Stock On December 31, 2024, the Company redeemed all outstanding shares of its preferred stock designated as Series C Preferred Stock from OC III LFE II LP, an affiliate of PIMCO, using the proceeds from the Term Loan Agreement.”
FreightCar America, Inc. reported first quarter ended March 31, 2024 results: revenue $161.1 million, net income ($11.6) million, EPS ($0.54) per share. Guidance reaffirmed.
““Company”), a diversified manufacturer of railroad freight cars, today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Revenues of $161.1 million on 1,223 railcar deliveries, an increase of 99% compared to revenues of $81.0 million on 738 railcar deliveries in the first quarter of 2023 • Gross margin of 7.1% with gross”
FreightCar America, Inc. reported fiscal year 2024 results: revenue $520 - $572 million. Guidance initiated.
“The Company’s outlook for fiscal year 2024 is as follows: Fiscal 2024 Outlook Year-over-Year Growth at Midpoint Revenue $520 - $572 million 52.5% Adjusted EBITDA $32 - $38 million 74.1% Railcar Deliveries 4,000 – 4,400 Railcars 39.0%”
FreightCar America, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $126.6 million, net income Net loss of ($2.9) million, EPS ($0.24) per share.
“and become a member of the Company’s Board of Directors, while Mr. Meyer will assume the role of Executive Chairman of the Board Fourth Quarter 2023 Highlights • Revenues of $126.6 million on 1,021 railcar deliveries, a decrease of 1.9% compared to revenues of $129.0 million on 1,150 railcar deliveries in the fourth quarter of 2022 • Gross margin of 9.6% with gross”
FreightCar America, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $358.1 million, net income Net loss of ($23.6) million, EPS ($1.18) per share. Guidance initiated.
“diversified manufacturer of railroad freight cars, today reported results for the fourth quarter and full year ended December 31, 2023. Fiscal Year 2023 Highlights • Revenues of $358.1 million, down 1.8% year-over-year, on deliveries of 3,022 railcars, down 5.1% year-over-year • Gross margin of 11.7% with gross profit of $41.8 million, compared to gross margin of 7.1%”
Nicholas J. Randall was appointed as Director at FreightCar America, Inc..
“effective May 1, 2024, the Board approved an increase in the size of the Board from eight (8) directors to nine (9) directors and Mr. Randall will be appointed by the Board to serve as a director”
Nicholas J. Randall was appointed as President and Chief Executive Officer at FreightCar America, Inc..
“On March 14, 2024, the Company appointed Nicholas J. Randall as President and Chief Executive Officer of the Company, effective May 1, 2024.”
William Gehl was appointed as Lead Independent Director at FreightCar America, Inc..
“Mr. Gehl was also appointed as the Board’s Lead Independent Director, effective May 1, 2024”
James R. Meyer was appointed as Executive Chairman at FreightCar America, Inc..
“Effective May 1, 2024, Mr. Meyer will become Executive Chairman of the Board in lieu of William Gehl”
FreightCar America, Inc. reported fiscal year 2023 results: revenue $365 - $380 million. Guidance lowered.
“The Company has updated its outlook for fiscal year 2023 as follows: Fiscal 2023 Outlook Year-over-Year Growth at Midpoint Revenue $365 - $380 million 2.3% Adjusted EBITDA $18 - $22 million 137.8% Railcar Deliveries 3,150 – 3,300 Railcars 1.3%”
FreightCar America, Inc. reported third quarter ended September 30, 2023 results: revenue $61.9 million, net income $3.2 million, EPS ($0.03) per share. Guidance lowered.
“FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer of railroad freight cars, today reported results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights • Revenues of $61.9 million on 503 railcar deliveries, a decrease of 27.8% compared to revenues of $85.7 million on 783 railcar deliveries in the third quarter of 2022 • Gross margin of 14.9% with gross profit of $9.2 million, compared to gross margin of 5.3% with gross profit of $4.6 million in the third quarter of 2022 • Net income of $3.2 million, or ($0.03) per share and Adjusted Net income of $176 thousand, or ($0.14) per share”
FreightCar America, Inc. amended credit facility of $45.0 million with Siena Lending Group LLC maturing October 31, 2024.
“The Third Amendment to Amended and Restated Loan and Security Agreement, among other things, (i) extended the scheduled maturity date of the Siena Loan Agreement from October 8, 2023 to October 31, 2024, and (ii) increased the Maximum Revolving Facility Amount by $10.0 million to a total of $45.0 million”
FreightCar America, Inc. amended Third Amendment to Amended and Restated Loan and Security Agreement with Siena Lending Group LLC valued at $45.0 million (effective 2023-09-21).
“Third Amendment to Amended and Restated Loan and Security Agreement On September 21, 2023, FreightCar North America, LLC (“Borrower” and together with FreightCar America, Inc.”
FreightCar America, Inc. reported the second quarter ended June 30, 2023 results: revenue $88.6 million, net income Net loss of ($18.9) million, or ($0.73) per share, EPS ($0.73) per share. Guidance raised.
““Company”), a diversified manufacturer of railroad freight cars, today reported results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights • Revenues of $88.6 million on 760 railcar deliveries, up 56% compared to revenues of $56.8 million on 468 railcar deliveries in the second quarter of 2022 • Gross margin of 14.6% with gross profit of $13.0”
FreightCar America, Inc. terminated M&T Credit Agreement with M & T Bank, N.A. (effective 2023-06-30).
“FCA Leasing’s obligations under the M&T Credit Agreement are deemed satisfied in full and the M&T Credit Agreement and all other Credit Documents (as defined in the M&T Credit Agreement), as well as the Forbearance Agreement, are terminated.”
FreightCar America, Inc.: Filed Series C Certificate of Designation for Preferred Stock, setting forth its terms (effective 2023-05-19).
“On May 19, 2023, in connection with the closing of the transactions contemplated by the Purchase Agreement, the Company filed a certificate of designation (the “Series C Certificate of Designation”), with the Secretary of State of the State of Delaware setting forth the terms of the Preferred Stock.”
FreightCar America, Inc. amended Amendment No. 2 to Amended and Restated Reimbursement Agreement with CO Finance LVS VI LLC (effective 2023-05-22).
“In connection with the closing of the transactions contemplated by the Purchase Agreement, the Company entered into Amendment No. 2 to Amended and Restated Reimbursement Agreement (“Amendment No. 2”) with the Loan Parties (as defined therein), CO Finance LVS VI LLC (the “LC Provider”), and U.S. Bank, National Association, as disbursing agent and collateral agent.”
FreightCar America, Inc. entered into Securities Purchase Agreement with OC III LFE II LP LLC (effective 2023-05-22).
“On May 22, 2023, FreightCar America, Inc., a Delaware corporation (the “Company”), consummated its previously announced offering Series C Preferred Stock of the Company, par value $0.01 (the “Preferred Stock”), pursuant to that certain Securities Purchase Agreement (the “Purchase Agreement”) by and among the Company and OC III LFE II LP LLC (the “Purchaser”).”
Nicholas J. Randall was appointed as Chief Operating Officer at FreightCar America, Inc..
“On May 12, 2023, FreightCar America, Inc. (the “Company”) entered into a letter agreement with Nicholas J. Randall (the “Randall Letter”) pursuant to which Mr. Randall will become the Company’s Chief Operating Officer, effective June 26, 2023 (the “Effective Date”).”
FreightCar America, Inc. shareholders approved Approval of Increase in Shares Authorized under the FreightCar America, Inc. 2022 Long Term Incentive Plan for Settlement of Stock Appreciation Rights Outstanding as of March 16, 2023 at the 2023-05-11 meeting.
“6. Approval of Increase in Shares Authorized under the FreightCar America, Inc. 2022 Long Term Incentive Plan for Settlement of Stock Appreciation Rights Outstanding as of March 16, 2023 For 7,886,785 Against 897,351 Abstain 297,040 Broker Non-Votes 3,208,426”
FreightCar America, Inc. shareholders approved Approval of Increase in Shares Authorized under the FreightCar America, Inc. 2022 Long Term Incentive Plan for General Use at the 2023-05-11 meeting.
“5. Approval of Increase in Shares Authorized under the FreightCar America, Inc. 2022 Long Term Incentive Plan for General Use For 7,371,044 Against 1,429,337 Abstain 280,795 Broker Non-Votes 3,208,426”
FreightCar America, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-05-11 meeting.
“4. Ratification of Appointment of Independent Registered Public Accounting Firm For 12,098,818 Against 129,083 Abstain 61,701 Broker Non-Votes --”
FreightCar America, Inc. shareholders approved Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation at the 2023-05-11 meeting.
“3. Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation 1 Year 5,186,367 2 Years 821,108 3 Years 2,954,567 Abstain 119,134 Broker Non-Votes 3,208,426”
FreightCar America, Inc. shareholders approved Advisory Vote on Executive Compensation at the 2023-05-11 meeting.
“2. Advisory Vote on Executive Compensation For 7,604,598 Against 1,375,638 Abstain 100,940 Broker Non-Votes 3,208,426”
FreightCar America, Inc. shareholders approved Election of Directors at the 2023-05-11 meeting.
“1. Election of Directors For Against Abstain Broker Non-Votes Elizabeth K. Arnold (Class III) 8,369,737 429,435 282,004 3,208,426 José De Nigris Felán (Class I) 8,446,676 354,791 279,709 3,208,426 Travis D. Kelly (Class I) 8,223,593 452,656 404,927 3,208,426 James R. Meyer (Class III) 8,397,871 402,636 280,669 3,208,426”
FreightCar America, Inc. reported the first quarter ended March 31, 2023 results: revenue $81.0 million, net income ($5.0) million, EPS ($0.19) per share. Guidance reaffirmed.
“FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer of railroad freight cars, today reported results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights • Revenues of $81.0 million on deliveries of 738 railcars, compared to revenues of $129.0 million on deliveries of 1,150 railcars in the prior quarter and revenues of $93.2 million on deliveries of 783 railcars in the first quarter of 2022 • Gross margin of 9.2% with gross profit of $7.5 million, compared to gross margin of 3.6% with gross profit of $4.6 million in the prior quarter and gross margin of 10.8% with gross profit of $10.1 million in the first quarter of 2022 • Net loss of ($5.0) million, or ($0.19) per share”
FreightCar America, Inc. reported fiscal year 2023 results: revenue $400 - $430 million. Guidance initiated.
“The Company has provided its outlook for fiscal year 2023 as follows: Fiscal 2023 Outlook Year-over-Year Growth at Midpoint Revenue $400 - $430 million 13.8% Adjusted EBITDA $15 - $20 million 108.1% Railcar Deliveries 3,400 - 3,700 Railcars 11.5%”
FreightCar America, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $129.0 million, net income ($9.7) million, EPS ($0.37) per share.
“Fourth Quarter 2022 Highlights • Revenues of $129.0 million, up 71.9% year-over-year, with deliveries of 1,150 railcars, up 90.4% year-over-year • Gross margin of 3.6% with gross profit of $4.6 million, compared to gross margin of 8.8% with gross profit of $6.6 million in the fourth quarter of 2021 • Net loss of ($9.7) million, or ($0.37) per share and adjusted net loss of ($8.1) million, or ($0.31) per share, accounting for primarily non-cash items including a $4.5 million impairment on leased railcars, one-time Mexican VAT costs of $1.9 million and non-cash income of $4.7 million due to the change in fair market value of the warrant liability • Adjusted EBITDA of $1.2 million, equivalent to the fourth quarter of 2021”
FreightCar America, Inc. reported the full year ended December 31, 2022 results: revenue $364.8 million, net income ($38.8) million, EPS ($1.56) per share.
“Fiscal Year 2022 Highlights • Revenues of $364.8 million, up 79.6% year-over-year, on deliveries of 3,184 railcars, up 83.9% year-over-year • Gross margin of 7.1% with gross profit of $25.8 million, compared to gross margin of 5.6% with gross profit of $11.5 million in fiscal year 2021 • Net loss of ($38.8) million, or ($1.56) per share and adjusted net loss of ($23.5) million, or ($0.95) per share, accounting for primarily non-cash items including $8.1 million pension settlement loss and $4.5 million impairment on leased railcars • Adjusted EBITDA of $8.4 million, compared to adjusted EBITDA loss of ($7.2) million in fiscal year 2021”
FreightCar America, Inc. amended Amendment No. 7 to Credit Agreement with CO Finance LVS VI LLC and OC III LFE II LP valued at $15 million (effective 2023-02-27).
“On February 27, 2023, FreightCar North America, LLC, FreightCar America, Inc. (the “Company”), certain other subsidiary guarantors of the Company, CO Finance LVS VI LLC and OC III LFE II LP (collectively, the “Loan Parties”) entered into Amendment No. 7 to Credit Agreement (the “Amendment”), with respect to that certain Credit Agreement dated as of October 13, 2020 by and among the Loan Parties (as amended, restated, supplemented or otherwise modified from time to time, and together with the Amendment, the “Term Loan Credit Agreement). The Amendment amends the Term Loan Credit Agreement to extend the date for the Company to draw on the delayed draw loan of $15 million from March 3, 2023 to April 3, 2023.”
FreightCar America, Inc. amended Amendment No. 6 to Credit Agreement with CO Finance LVS VI LLC and OC III LFE II LP valued at $15 million (effective 2023-01-30).
“On January 30, 2023, FreightCar North America, LLC, FreightCar America, Inc. (the “Company”), certain other subsidiary guarantors of the Company, CO Finance LVS VI LLC and OC III LFE II LP (collectively, the “Loan Parties”) entered into Amendment No. 6 to Credit Agreement (the “Amendment”), with respect to that certain Credit Agreement dated as of October 13, 2020 by and among the Loan Parties (as amended, restated, supplemented or otherwise modified from time to time, and together with the Amendment, the “Term Loan Credit Agreement). The Amendment amends the Term Loan Credit Agreement to extend the date for the Company to draw on the delayed draw loan of $15 million from January 31, 2023 to March 3, 2023.”
FreightCar America, Inc. reported the third quarter ended September 30, 2022 results: revenue Revenues of $85.7 million, net income Net loss of ($17.8) million, EPS ($0.69) per share. Guidance reaffirmed.
“a diversified manufacturer of railroad freight cars, today reported results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights • Revenues of $85.7 million, up 47.1% year-over-year, with deliveries of 783 railcars, up 55% year-over-year • Gross margin of 5.3% with gross profit of $4.6 million, compared to gross margin of 2.6% with”
Juan Carlos Fuentes Sierra was appointed as Principal Accounting Officer at FreightCar America, Inc..
“Effective November 7, 2022, Juan Carlos Fuentes Sierra, 45, the Company’s Chief Accounting Officer and Corporate Controller, will serve as the Company’s principal accounting officer.”
Travis D. Kelly was appointed as Class I Director at FreightCar America, Inc..
“On June 20, 2022, the Board of Directors (the “Board”) of FreightCar America, Inc. (the “Company”) appointed José De Nigris Felán and Travis D. Kelly to the Board as Class I directors, effective June 20, 2022.”
José De Nigris Felán was appointed as Class I Director at FreightCar America, Inc..
“On June 20, 2022, the Board of Directors (the “Board”) of FreightCar America, Inc. (the “Company”) appointed José De Nigris Felán and Travis D. Kelly to the Board as Class I directors, effective June 20, 2022.”
James R. Meyer departed as President and Chief Executive Officer at FreightCar America, Inc..
“On May 5, 2022, James R. Meyer, President and Chief Executive Officer of FreightCar America, Inc. (the “Company”), notified the Company of his intention to retire in 2023, after the appointment of his successor to ensure a smooth transition.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.