Freightcar America, Inc..
RAIL.US | Manufacture of railway locomotives and rolling stock
FreightCar America, Inc. designs, manufactures, and sells railroad freight cars and related components in North America. The company offers a range of freight cars, including open-top hoppers, covered hoppers, gondolas, flat cars, and intermodal cars. It also provides railcar parts, such as side pos...Show More
Better Health for All
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No evidence available to assess Freightcar America, Inc. on Better Health for All.
Fair Money & Economic Opportunity
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FreightCar America, Inc. designs, manufactures, and sells railroad freight cars and related components to railroads, leasing companies, and industrial companies.
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Its core business does not involve lending, insuring, moving, or storing money for consumers, nor does it offer financial products or services. Therefore, the provided articles do not contain specific, concrete data points relevant to any of the KPIs under the 'Fair Money & Economic Opportunity' value, which are designed for financial institutions. There is no evidence of the company engaging in activities such as offering consumer credit products, managing customer financial data, or providing financial literacy programs for consumers.
Fair Pay & Worker Respect
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FreightCar America has an employee rating of 3.0 out of 5 stars on Glassdoor, which translates to 60/100 for worker engagement.
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This falls into the -60 tier for ~40/100 engagement. The company also reports a high employee turnover rate, which Glassdoor reviews attribute to unskilled labor and poor management, placing it in the -80 tier for 60-70% annual turnover.
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In terms of labor violations, the company has one substantiated benefit plan administrator violation in 2024 for $50,001.
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Additionally, between 2015 and 2018, there were three workplace safety or health violations totaling $43,500 and one labor relations violation for $60,000.
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In 2008, FreightCar America reached a settlement with the United Steelworkers of America regarding a collective bargaining dispute, resulting in a charge of $20 million to $24.5 million.
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Fair Trade & Ethical Sourcing
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No specific, concrete data points were found in the provided articles regarding RAIL.US's performance on fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in contracts, materials risk index, or supplier diversity spend.
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Honest & Fair Business
-40
FreightCar America, Inc. incurred a regulatory fine of $50,001 in 2024 for a benefit plan administrator violation.
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The company has a whistleblower policy with a hotline for anonymous reporting in both the US and Mexico, and reports are logged and retained for five years.
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However, there is no evidence of independent investigation processes for these reports. The company's Audit Committee has established procedures for handling complaints regarding accounting and auditing matters.
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Financial restatements are addressed by a Clawback Policy for executive officers in the event of an accounting restatement.
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The board of directors has 6 out of 9 current directors (and 5 out of 8 as of May 2025) who are considered independent, though one director is not independent due to related person transactions.
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The company has adopted an Anti-Corruption Policy to comply with the U.S. Foreign Corrupt Practices Act and other anti-bribery laws, and its Code of Business Conduct and Ethics, last updated in March 2022, applies to officers, directors, and employees, but there is no evidence of training frequency or effectiveness metrics.
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Kind to Animals
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No evidence was found in the provided articles to assess RAIL.US against any of the 'Kind to Animals' KPIs. The articles focus on the environmental benefits of the freight rail industry
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and general company information,
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without specific data on animal welfare, animal testing, animal-derived ingredients, habitat conservation, or related policies for FreightCar America, Inc.
No War, No Weapons
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FreightCar America, Inc. (RAIL.US) is unable to definitively identify the country of origin for conflict minerals in its products and cannot exclude the possibility that some products may contain conflict minerals from the Democratic Republic of Congo or adjoining countries.
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In its 2020 Conflict Minerals Report, 7 out of 22 responding suppliers, representing 40% of material expenditures, were unable to determine the country of origin of conflict minerals in their products.
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The company's core business is manufacturing railroad freight cars and related components, with no evidence of direct arms or defense-related activities, dual-use technology development, or sales to embargoed regimes.
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Planet-Friendly Business
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The provided articles do not contain specific, quantitative data points for FreightCar America, Inc. (RAIL.US) that align with the defined KPIs in the 'Planet-Friendly Business' rubric. While one article mentions FreightCar America Inc. having 11 records and a total penalty of $32,945,276 since 2000, it does not specify the number of *environmental* violations *per year*, which is required by the rubric.
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Information regarding carbon emissions, renewable energy use, water consumption, waste diversion, green building certifications, or climate targets is not disclosed.
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Therefore, no KPIs can be scored based on the available evidence.
Respect for Cultures & Communities
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No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to Respect for Cultures & Communities. While the company states it supports and contributes to the communities where it operates,
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and employs approximately 2,000 skilled workers at its Castaños, Mexico facility,
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there is no data to assess formal partnerships, reinvestment percentages, incident counts, protocol existence, overall local employment ratios, grievance mechanisms, or cultural preservation efforts across the company's operations.
Safe & Smart Tech
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The company reported no material cybersecurity threats for the years ended December 31, 2023, and December 31, 2024.
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It utilizes the National Institute of Standards and Technology (NIST) framework for its security program and maintains a specific incident response policy.
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The company emphasizes security awareness through third-party cybersecurity training and performs phishing simulations to evaluate workforce ability to recognize malicious emails.
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Internal auditors conduct annual penetration testing and other assessments.
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The Audit Committee oversees cybersecurity risk management, receiving quarterly reports from management.
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The company states it is in material compliance with applicable regulations, including Federal Railroad Administration (FRA) and Association of American Railroads (AAR) standards, and its insider trading policy references compliance with SEC regulations.
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Zero Waste & Sustainable Products
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FreightCar America has implemented several waste reduction initiatives, including repurposing materials, designing cars for easier recycling, using more water-based paints, and working with a supplier to reduce fabrication waste.
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The company has gone to more water-based paints, which helps reduce hazardous waste solvent.
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FreightCar America is designing cars for easier recycling, and its hybrid BethGon® gondola car combines stainless steel and aluminum, which are recyclable materials.
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The company also states it is committed to sustainable growth by minimizing environmental impact through innovative railcar designs and repurposing materials.
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