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MEDIA CONTACT

Kevin Bagby

TEL.

(800) 458-2235

FOR IMMEDIATE RELEASE

October 11, 2005

FreightCar America, Inc. Announces Third Quarter 2005 Earnings Conference Call

     FreightCar America, Inc. (Nasdaq:RAIL) will host a conference call on Thursday, October 27, 2005 at 11:00 a.m. (Eastern Time) to discuss the Company's third quarter 2005 financial results. The Company's earnings release for the third quarter of 2005 will also be issued on October 27, 2005 and will be available on the Investor Relations page at www.freightcaramerica.com.

     To participate in the conference call, please dial (800) 288-8960. 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 2:30 p.m. (Eastern Time) on October 27, 2005 until 11:59 p.m. (Eastern Time) on November 3, 2005. To access the replay, please dial (800) 475-6701. The replay pass code is 799685. 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.