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MEDIA CONTACT

Kevin Bagby

TEL.

(800) 458-2235

FOR IMMEDIATE RELEASE

April 6, 2006

FreightCar America, Inc. Announces First Quarter 2006 Earnings Conference Call

FreightCar America, Inc. (Nasdaq:RAIL) will host a conference call on Thursday, April 27, 2006, at 10:00 a.m. (Eastern Time) to discuss the Company's first quarter 2006 financial results. The Company's earnings release for the first quarter of 2006 will also be issued on April 27, 2006, and will be available on the Investor Relations page at www.freightcaramerica.com.

To participate in the conference call, please dial 877-209-0397. Interested parties are asked to dial in approximately 10 to 15 minutes prior to the start time of the call.

An audio replay of the conference call will be available beginning at 1:30 p.m. (Eastern Time) on April 27, 2006, until 11:59 p.m. (Eastern Time) on May 4, 2006. To access the replay, please dial 800-475-6701. The replay pass code is 825192. An audio replay of the call will also be available on the Company's website for at least 1 week following the earnings call.

FreightCar America, Inc. manufactures railroad freight cars, with particular expertise in coal-carrying railcars. In addition to coal cars, FreightCar America designs and builds flat cars, mill gondola cars, intermodal cars, coil steel cars and motor vehicle carriers. It is headquartered in Chicago, Illinois, and has manufacturing facilities in Danville, Illinois; Roanoke, Virginia; and Johnstown, Pennsylvania. More information about FreightCar America is available on its website at www.freightcaramerica.com.