Rail Roundup: FreightCar America names new CFO; US rail volumes flat

A photograph of intermodal containers parked at a rail yard.FreightCar America names new CFO

Railcar manufacturer FreightCar America (NASDAQ: RAIL) has named Terence R. “Terry” Rogers CFO, effective last Monday. Rogers has been serving as interim CFO since January.

As CFO, Rogers will lead FreightCar America’s finance activities, including its business planning, budgeting, forecasting, treasury and information technology, the company said.

President and Chief Executive Officer Jim Meyer commented in a release, “We are thrilled to have a person of Terry’s...

https://s29755.pcdn.co/news/rail-roundup:-freightcar-america-names-new-cfo;-us-rail-volumes-flat

FreightTech takes center stage at FreightWaves’ free FreightTech Venture Summit

Just a few short years ago, FreightTech was a relatively unknown term. It is not anymore and venture capitalists and investors have taken notice, flocking to the space in recent years as more and more technology startups look to disrupt the freight space. In 2019, investment in supply chain technology surpassed $10.4 billion, according to Pitchbook.

Since its launch in 2017, FreightWaves has been at the forefront of the FreightTech space. That investment is now going a step further, giving...

https://s29755.pcdn.co/news/freighttech-takes-center-stage-at-freightwaves-free-freighttech-venture-summit