Favorable market conditions for railcar manufacturing could help FreightCar America return to profitability.
The Chicago-headquartered railcar manufacturer said Tuesday it expects to be profitable on an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) basis for 2022.
The potential milestone comes after FreightCar America (NASDAQ: RAIL) closed its manufacturing locations in Alabama and Virginia in 2019 and 2020 and moved all its manufacturing operations to Mexico to...
https://www.freightwaves.com/news/freightcar-america-upbeat-on-reaching-profitability