RAIL - フレイトカ―・アメリカ (Freightcar America Inc.)

RAILのニュース

   FreightCar America Justifies Production Move To Mexico  2020/11/11 20:33:48 Benzinga
The COVID-19 pandemic, high number of railcars in storage and low rail volumes hastened FreightCar America (NASDAQ: RAIL ) decision to move all of its railcar production to Mexico. In September, FreightCar America said it would close its Shoals facility in Alabama and move all of its railcar production to the Castaños facility in Mexico by 2021. It had previously taken part in a 50-50 joint venture (JV) for the facility but it acquired the other 50% from the JV partner this fall, meaning that FreightCar America now fully owns the facility. "We must change our cost structure and we must do so quickly. We cannot afford to sustain the current level of losses and we must put quarters like this one behind us once and for all. This move gets us to where we need to be," said FreightCar America Chief Commercial Officer Matt Tonn during his company's third-quarter earnings call Tuesday. The company reported that it sustained a net loss of $40.3 million, or $3.03 per diluted share, in the third quarter of 2020 compared with a net loss of $35.7 million, or $2.83 per diluted share, a year ago.
   Kelso Technologies (NYSE:KIQ) versus FreightCar America (NYSE:RAIL) Critical Comparison  2020/10/25 01:14:49 Daily Political
Kelso Technologies (NYSE:KIQ) and FreightCar America (NASDAQ:RAIL) are both small-cap transportation companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, analyst recommendations, risk and dividends. Analyst Ratings This is a breakdown of recent recommendations and price targets for Kelso Technologies […]
   Analyzing FreightCar America (NASDAQ:RAIL) and Kelso Technologies (NASDAQ:KIQ)  2020/10/24 04:00:45 Dispatch Tribunal
FreightCar America (NASDAQ:RAIL) and Kelso Technologies (NYSE:KIQ) are both small-cap transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, earnings, analyst recommendations, risk and profitability. Valuation and Earnings This table compares FreightCar America and Kelso Technologies’ gross revenue, earnings per […]
   FreightCar America, Inc. Announces Final Repositioning Steps  2020/10/19 20:30:00 GlobeNewswire
Acquires partner’s 50% interest in the Castaños, Mexico joint venture Announces recapitalization plan to bolster balance sheet, expand Castaños, Mexico…
   FreightCar America +14% after unveiling realignment plan (NASDAQ:RAIL)  2020/09/10 20:41:04 Seeking Alpha
FreightCar America (NASDAQ:RAIL) says it is taking additional steps in its manufacturing and operational realignment as it plans to acquire its partner's 5
   Kelso Technologies (NYSE:KIQ) versus FreightCar America (NYSE:RAIL) Critical Comparison  2020/10/25 01:14:49 Daily Political
Kelso Technologies (NYSE:KIQ) and FreightCar America (NASDAQ:RAIL) are both small-cap transportation companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, analyst recommendations, risk and dividends. Analyst Ratings This is a breakdown of recent recommendations and price targets for Kelso Technologies […]
   Analyzing FreightCar America (NASDAQ:RAIL) and Kelso Technologies (NASDAQ:KIQ)  2020/10/24 04:00:45 Dispatch Tribunal
FreightCar America (NASDAQ:RAIL) and Kelso Technologies (NYSE:KIQ) are both small-cap transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, earnings, analyst recommendations, risk and profitability. Valuation and Earnings This table compares FreightCar America and Kelso Technologies’ gross revenue, earnings per […]
   FreightCar America, Inc. Announces Final Repositioning Steps  2020/10/19 20:30:00 GlobeNewswire
Acquires partner’s 50% interest in the Castaños, Mexico joint venture Announces recapitalization plan to bolster balance sheet, expand Castaños, Mexico…
   FreightCar America +14% after unveiling realignment plan (NASDAQ:RAIL)  2020/09/10 20:41:04 Seeking Alpha
FreightCar America (NASDAQ:RAIL) says it is taking additional steps in its manufacturing and operational realignment as it plans to acquire its partner's 5
   FreightCar America, Inc. Announces Additional Steps in Manufacturing and Operational Realignment  2020/09/10 20:20:00 GlobeNewswire
Company in discussions to acquire its partner’s 50% interest in the Castaños, Mexico joint venture Production expected to be fully consolidated at new…
   FreightCar America +14% after unveiling realignment plan (NASDAQ:RAIL)  2020/09/10 20:41:04 Seeking Alpha
FreightCar America (NASDAQ:RAIL) says it is taking additional steps in its manufacturing and operational realignment as it plans to acquire its partner's 5
   FreightCar America, Inc. Announces Additional Steps in Manufacturing and Operational Realignment  2020/09/10 20:20:00 GlobeNewswire
Company in discussions to acquire its partner’s 50% interest in the Castaños, Mexico joint venture Production expected to be fully consolidated at new…
   FreightCar America Sees 'Pockets Of Opportunity'  2020/08/12 18:54:10 Benzinga
FreightCar America, Inc. (NYSE: RAIL ) anticipates improving market conditions in the second half of 2020 as it seeks to crawl out from under the pandemic-induced headwinds of 2020's first six months. "I think you're going to see an increase of some activity…across the industry" in the next several quarters, said FreightCar America President and CEO Jim Meyer during the company's second-quarter earnings call on August 11. "We anticipate converting a number of these inquiries into orders without getting into specifics." Meyer continued, "You're going to see the rest of the industry where order volume is going to remain somewhat lumpy. And a lot of it will be tied to the return of the economy…on the return of various components of the economy, post-COVID." The railcar manufacturer is seeing some "pockets of opportunity" from potential customers, such as shippers seeking to acquire a smaller number of new railcar builds, according to FreightCar Chief Commercial Officer Matt Tonn. "Looking forward to the next few quarters, we will maintain production line flexibility to quickly answer customers' needs in an ever-changing environment where railcar sites are expected to fluctuate," Tonn said. "We will also continue to take a problem-solving customer engagement approach, which includes accepting multiple small lot orders with our strategic shipper customers." Inquiry activity has also been "very positive" lately, …
   FreightCar America anticipates challenging headwinds  2020/05/12 15:57:50 Benzinga Feeds
FreightCar America (NASDAQ: RAIL ) is starting to ramp up railcar production, but its executives warned that the company could see an extended downturn that includes high volumes of railcars in storage. "We are planning for a prolonged, deep down cycle, and one that requires us to make adjustments to both the direction and speed to what we have focused on over the past couple of years," said FreightCar America President and CEO Jim Meyer during the company's first-quarter earnings call on Monday. Meyer also said operations are "returning to light but meaningful production" at its Shoals facility in Alabama, with two out of four production lines already in service. A third line is in the early stages of starting up, he said. FreightCar America hasn't received any cancellation requests for ordered railcars, although the company won't be building any new railcars if there isn't a firm order behind them, Meyer said. The company is also proceeding with plans to build a manufacturing plant in Castaños, Mexico .
   Railcar Depression Evident In FreightCar America's 4Q Results  2020/02/27 18:54:13 Benzinga Feeds
A sputtering industrial economy along with precision scheduled railroading (PSR) initiatives, which are designed to improve asset utilization and drive other efficiencies, have significantly impaired demand for railcars, sending a significant number of railcars into storage. These fundamentals played out once again in railcar manufacturer and lessor FreightCar America 's (NASDAQ: RAIL ) fourth-quarter 2019 financial results. In the period, the company reported a loss of $0.75 per share, worse than analysts' expectations for a $0.59 per share loss. In the quarter, FreightCar America delivered only 439 railcars compared to 1,047 deliveries during the fourth quarter of 2018. The company's revenue was cut nearly in half at $44.9 million. FreightCar America's Key Performance Indicators The company ended 2019 with a railcar order backlog of 1,650 railcars, compared to 1,704 at the end of third quarter 2019, valued at $206 million. Since year-end, FreightCar America has received orders for an additional 300 railcars.

calendar