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

RAILのニュース

   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.
   FreightCar America, Inc. Reports Fourth Quarter and Full Year 2019 Results | MarketScreener  2020/02/27 01:07:02 MarketScreener
‘Back to Basics’ transformational strategy has repositioned the business to compete profitably when we enter the next upturn in the cycle Finished the year with $70 million in… | February 27, 2020
   Report: FreightCar America Closing Roanoke Plant  2019/11/19 22:05:33 Benzinga Feeds
FreightWaves occasionally posts high-quality content from partner publications in the freight industry. Visit Railway Age for more great content like this. According to a report from WDBJ7 in Roanoke, Virginia, FreightCar America will soon wrap up the last of its production orders at its Roanoke facility. The news shouldn't come as a surprise, as rumors of such a move have been swirling for a couple of years now . David Benson, president of human resources, wouldn't tell WDBJ7 how many staff members were still working in Roanoke. But he said the layoffs would soon be "substantially complete." "Some employees will remain to assist with decommissioning the equipment and provide … Full story available on Benzinga.com
   Losses Mount On The Downside Of Railcar Demand  2019/10/31 14:46:53 Benzinga Feeds
Railcar manufacturer and lessor FreightCar America (NASDAQ: RAIL ) reported a $1.09 per share loss for the third quarter of 2019. This excludes a $21.5 million non-cash goodwill impairment charge and more than doubles the $0.50 per share loss the company reported in the same period of 2018. FreightCar America reported a 49% year-over-year decline in revenue to $40.7 million as railcar deliveries declined by a similar amount to 467 units (255 new cars, 212 rebuilds). The cost to make those railcars exceeded the revenue generated from their delivery as gross profit was negative by more than $5 million. FreightCar America's Key Performance Indicators The downside of the railcar manufacturing cycle has been well-documented. Significant year-over-year declines in carloads and precision scheduled railroading … Full story available on Benzinga.com
   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.
   FreightCar America, Inc. Reports Fourth Quarter and Full Year 2019 Results | MarketScreener  2020/02/27 01:07:02 MarketScreener
‘Back to Basics’ transformational strategy has repositioned the business to compete profitably when we enter the next upturn in the cycle Finished the year with $70 million in… | February 27, 2020
   Report: FreightCar America Closing Roanoke Plant  2019/11/19 22:05:33 Benzinga Feeds
FreightWaves occasionally posts high-quality content from partner publications in the freight industry. Visit Railway Age for more great content like this. According to a report from WDBJ7 in Roanoke, Virginia, FreightCar America will soon wrap up the last of its production orders at its Roanoke facility. The news shouldn't come as a surprise, as rumors of such a move have been swirling for a couple of years now . David Benson, president of human resources, wouldn't tell WDBJ7 how many staff members were still working in Roanoke. But he said the layoffs would soon be "substantially complete." "Some employees will remain to assist with decommissioning the equipment and provide … Full story available on Benzinga.com
   Losses Mount On The Downside Of Railcar Demand  2019/10/31 14:46:53 Benzinga Feeds
Railcar manufacturer and lessor FreightCar America (NASDAQ: RAIL ) reported a $1.09 per share loss for the third quarter of 2019. This excludes a $21.5 million non-cash goodwill impairment charge and more than doubles the $0.50 per share loss the company reported in the same period of 2018. FreightCar America reported a 49% year-over-year decline in revenue to $40.7 million as railcar deliveries declined by a similar amount to 467 units (255 new cars, 212 rebuilds). The cost to make those railcars exceeded the revenue generated from their delivery as gross profit was negative by more than $5 million. FreightCar America's Key Performance Indicators The downside of the railcar manufacturing cycle has been well-documented. Significant year-over-year declines in carloads and precision scheduled railroading … Full story available on Benzinga.com
   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.
   FreightCar America, Inc. Reports Fourth Quarter and Full Year 2019 Results | MarketScreener  2020/02/27 01:07:02 MarketScreener
‘Back to Basics’ transformational strategy has repositioned the business to compete profitably when we enter the next upturn in the cycle Finished the year with $70 million in… | February 27, 2020
   Report: FreightCar America Closing Roanoke Plant  2019/11/19 22:05:33 Benzinga Feeds
FreightWaves occasionally posts high-quality content from partner publications in the freight industry. Visit Railway Age for more great content like this. According to a report from WDBJ7 in Roanoke, Virginia, FreightCar America will soon wrap up the last of its production orders at its Roanoke facility. The news shouldn't come as a surprise, as rumors of such a move have been swirling for a couple of years now . David Benson, president of human resources, wouldn't tell WDBJ7 how many staff members were still working in Roanoke. But he said the layoffs would soon be "substantially complete." "Some employees will remain to assist with decommissioning the equipment and provide … Full story available on Benzinga.com
   Losses Mount On The Downside Of Railcar Demand  2019/10/31 14:46:53 Benzinga Feeds
Railcar manufacturer and lessor FreightCar America (NASDAQ: RAIL ) reported a $1.09 per share loss for the third quarter of 2019. This excludes a $21.5 million non-cash goodwill impairment charge and more than doubles the $0.50 per share loss the company reported in the same period of 2018. FreightCar America reported a 49% year-over-year decline in revenue to $40.7 million as railcar deliveries declined by a similar amount to 467 units (255 new cars, 212 rebuilds). The cost to make those railcars exceeded the revenue generated from their delivery as gross profit was negative by more than $5 million. FreightCar America's Key Performance Indicators The downside of the railcar manufacturing cycle has been well-documented. Significant year-over-year declines in carloads and precision scheduled railroading … Full story available on Benzinga.com

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