FreightCar America to Exhibit New Railcars at Railway Interchange 2011 Event

CHICAGO, IL, September 14, 2011 — FreightCar America, Inc. (NASDAQ: RAIL) announced today that it will be exhibiting three new railcar designs at the Railway Interchange 2011 trade show and exhibition September 18-21, 2011 in Minneapolis.

The new cars being shown are:

  • The DynaStack® 53, a three-unit double stack intermodal car with 53-foot wells, the next evolution of the Company’s DynaStack® 40 designed in 2008;
  • The VersaFlood™, an innovative aggregate hopper car that features lower tare weight and independent automatic doors; and
  • A new stainless steel triple hopper car from the Company's family of cars designed to haul a wide range of cargo (including coal, petroleum coke, aggregates, limestone, taconite pellets, ore, and ballast).

The new cars will be shown at FreightCar America’s outdoor exhibit (#131) at the Canadian Pacific Humboldt Rail Yard.

Ed Whalen, FreightCar America's President and Chief Executive Officer, said, These new cars are the result of our ongoing leading-edge engineering efforts, and reflect FreightCar America’s commitment to railcar design innovation. During the industry downturn, we continued our research and development efforts, and we remain dedicated to anticipating and exceeding the changing needs of our customers.

Another new presence at the show will be FreightCar Rail Services, LLC, a FreightCar America subsidiary. FreightCar Rail Services, with facilities in Nebraska, Indiana, and Colorado, offers more than 100 years of combined expertise in lifecycle railcar maintenance, car management, unit train maintenance and mobile services.

More show information is available at http://www.freightcaramerica.net/Railway-Interchange.htm.

FreightCar America, Inc. manufactures railroad freight cars, with particular expertise in coal-carrying railcars. It supplies railcar parts, leases freight cars through its JAIX Leasing Company subsidiary, and provides railcar maintenance, repairs and management through its FreightCar Rail Services, LLC subsidiary. In addition to coal cars, FreightCar America designs and builds bulk commodity cars, flat cars, mill gondola cars, intermodal cars, coil steel cars and motor vehicle carriers. It is headquartered in Chicago, Illinois and has facilities in Clinton, Indiana; Danville, Illinois; Grand Island, Nebraska; Hastings, Nebraska; Johnstown, Pennsylvania; Lakewood, Colorado; and Roanoke, Virginia. More information about FreightCar America is available on its website at www.freightcaramerica.com.