FreightCar America (NASDAQ: RAIL) is looking forward to the opportunities that 2021 has to offer, now that it has moved all of its manufacturing operations from Alabama to Mexico.
That opportunity includes shifting to a positive balance sheet. The company sustained a net loss of $14.4 million in the fourth quarter of 2020 compared with a net loss of $9.5 million in the fourth quarter of 2019 (see below).
“We believe that we are fundamentally transforming FreightCar America’s ability to compete...
https://s29755.pcdn.co/news/freightcar-america-eyes-improving-opportunities-in-2021