FreightCar American said it had received orders totaling an estimated $141 million during the first quarter of 2025.
The orders represent 1,250 railcars and reflect ongoing demand for railcars as well as continued market share gains, the company said. The orders represent approximately 25 percent of all new railcars ordered in the first quarter, as well as 36 percent of the company’s addressable market. The company said it is the largest new railcar market share quarterly intake in 15 years.
“We are pleased to see sustained customer interest across our product portfolio, particularly in gondolas, open-top hoppers and covered hopper cars, which remain an integral part of our diverse portfolio of railcar types,” Nick Randall, president and CEO of FreightCar America, said.
Randall said the fact the company is based in the United States could have an impact on the number of sales.
“We have been monitoring recent tariff developments and based on our current understanding, railcars sold by FreightCar America in North America are not subject to tariffs due to their compliance with the United States-Mexico-Canada Agreement,” he said. “We continue to monitor any tariff developments. With our supply chain strategy, operational excellence initiatives at our manufacturing facility and continued commercial momentum, we remain confident in our forward trajectory.”
Headquarters in Chicago, IL, FreightCar America is a leading designer, producer and supplier of railroad freight cars, railcar parts and components, providing railcars, railcar repairs, railcar rebody services and railcar conversions since 1901.