Koenig named VP Sales, Eastern U.S. Region for FreightCar America

May 12, 2014

Chicago, Illinois, May 12, 2014 — FreightCar America, Inc. (NASDAQ: RAIL) announced today that Dana Koenig has joined FreightCar America as Vice President Sales, Eastern U.S. Region, effective today.  She will be based in Jacksonville Florida and responsible for sales coverage and account management in FreightCar America’s eastern region.

“We are extremely pleased that Dana has agreed to join our company.  I am confident that her strong experience will make a significant contribution to FreightCar America’s continued commercial success”, Ted Baun, senior vice president, marketing and sales, said.

Koenig’s background includes twenty-three years’ experience in rail-related businesses.  She has extensive railcar leasing experience and broad knowledge covering many railcar types.  In her career, Koenig has worked in various capacities with Bank of America, Mitsui Rail Capital, LLC, Bombardier Capital Rail, ConAgra Trade Group, Bunge Corporation, and the Union Pacific Railroad.  Koenig has a BS Degree in Business Administration from Southeast Missouri State University.

FreightCar America, Inc. manufactures a wide range of railroad freight cars, supplies railcar parts, leases freight cars through its JAIX Leasing Company subsidiary and provides railcar maintenance and repairs through its FreightCar Rail Services, LLC subsidiary.  FreightCar America designs and builds high-quality railcars, including coal cars, bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars and motor vehicle carriers.  It is headquartered in Chicago, Illinois and has facilities in the following locations: Cherokee, Alabama; Danville, Illinois; Grand Island, Nebraska; Hastings, Nebraska; Johnstown, Pennsylvania; and Roanoke, Virginia.  More information about FreightCar America is available on its website at www.freightcaramerica.com.