- FreightCar America (RAIL, Financial) has secured a $141 million order for 1,250 railcars in Q1 2025.
- The company captured 25% of all new railcar orders and 36% of their addressable market in this quarter.
- North American sales are exempt from tariffs due to compliance with the United States-Mexico-Canada Agreement.
FreightCar America, Inc. (NASDAQ: RAIL), a leading designer and supplier of railroad freight cars, announced it has secured orders valued at $141 million for 1,250 railcars during the first quarter of 2025. This notable development represents approximately 25% of all new railcar orders industry-wide and 36% of FreightCar America's addressable market, marking its largest market share achievement in 15 years.
The company reported strong demand across its product portfolio, particularly in gondolas, open-top hoppers, and covered hopper cars. This demand highlights FreightCar America's strategic diversification and product innovation efforts, which have contributed to its strengthening market position.
FreightCar America's North American sales benefit from exemptions on tariffs due to compliance with the United States-Mexico-Canada Agreement (USMCA). This strategic advantage underscores the company's proactive approach to navigating the current trade environment, enhancing its competitive edge.
Nick Randall, President and CEO of FreightCar America, commented on the significance of these achievements, emphasizing the company's manufacturing agility and commercial excellence as key drivers behind their ability to capture substantial market share.
