USA: FreightCar America received orders for 1 250 wagons worth $141m during the quarter ended March 31 2025. It said this represents approximately 25% of all new wagons ordered in the quarter, and 36% of its addressable market, its largest market share 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’, President & CEO Nick Randall said on April 24.
He said ‘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. We continue to monitor any tariff developments.’
