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MEDIA CONTACT

Bruce Harmon

TEL.

541-754-7613

FOR IMMEDIATE RELEASE

July 14, 2005

Theodore W. Baun has rejoined FreightCar America, Inc. (NASDAQ:RAIL) as vice president, sales -- western region. A Johnstown, Penn., native, Baun has a B.S. in Business Economics and an M.B.A. from the University of Pittsburgh, and began his business career with FreightCar America's predecessor company. Ted resides in Gurnee, Ill., with his wife, Maureen, and three children. His office will be at the FreightCar America headquarters in Chicago.

Timothy D. Johnson, currently vice president, sales -- western region, will transition into the position of vice president, sales -- northern region, replacing Gary B. Sornsen, who will retire on January 6, 2006. Gary joined FreightCar America's predecessor company in December 1992. Prior to then, his extensive career in the transportation industry included managerial positions at Olin, Cargill, Pillsbury, Pullman Leasing and Itel Rail. Gary and his wife, Linda, reside in Eden Prairie, Minn.

Edward J. Whalen, senior vice president, marketing and sales, said, "We are extremely pleased to have Ted back, particularly with his strong background of industry and company experience. We thank Gary for his important contributions to the success of our company and wish him many years of happiness in his retirement. We are confident that Tim will be a capable replacement for Gary."

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, Ill., and has manufacturing facilities in Danville, Ill., Roanoke, Va., and Johnstown, Penn.