CHICAGO — Manufacturer FreightCar America received orders for 1,250 railcars with a value of approximately $141 million during the first quarter of 2025, the company has reported.
The orders represent about 25% of all new railcars in the quarter and about 36% in its addressable market. That represents the company’s largest market share of new railcar orders in a quarter in 15 years.
“We are pleased to see sustained customer interest across our product portfolio,” CEO Nick Randall said in a press release, “particularly in gondolas, open-top hoppers and covered hopper cars, which remain an integral part of our diverse portfolio of railcar types.”
The company manufactures its railcars at plant in Castaños, Mexico, but Randall said that “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. We continue to monitor any tariff developments.”
The company is set to release its first-quarter earnings results on May 5.
