FreightCar America

FreightCar America used the Midwest IDEAS Conference to show that, despite a weak railcar market, it has gained market share, improved efficiency and expanded its aftermarket/components business. Over the past five years revenue rose 25%, adjusted EBITDA improved by more than 1,000 basis points, free cash flow was $89m and market capitalization is just under $320m. In Q2 the share of orders reached 47% (not expected to be sustained); for 2026 about 3,700 railcars produced, revenue of $430–440m and adjusted EBITDA of roughly $40m are expected. The company cites manufacturing flexibility in Castaños, shorter lead times and aftermarket acquisitions as reasons for its resilience and sees a market recovery in 2027/2028. » Plus sur de.investing.com

FreightCar America has completed the acquisition of Southern Parts & Equipment, a supplier of new, used and refurbished spare parts and equipment for freight cars based in Monroe, Georgia. The acquisition expands distribution and procurement capabilities in the aftermarket and complements the range of components as well as project-related services and consulting. The deal is the second aftermarket acquisition within a year and is expected to have an immediate accretive effect on FreightCar America’s earnings. » Plus sur de.investing.com

FreightCar America said on July 6 it secured a multi‑year order for 1,900 railcars with deliveries through 2028. The company reported second‑quarter orders of about 3,000 railcars, roughly $300 million, with demand across all core market segments. Management says the orders improve backlog visibility and reflect customer repeat activity, providing a clearer operating outlook for the railcar maker, which remains smaller and more cyclical than Class I railroads. » Plus sur finance.yahoo.com