Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Kehler Dean C
2. Date of Event Requiring Statement (Month/Day/Year)
04/05/2005
3. Issuer Name and Ticker or Trading Symbol
FreightCar America, Inc. [RAIL]
(Last)
(First)
(Middle)
622 THIRD AVENUE, 35TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10017
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock (1) 372,541
I
I (2)
Common Stock 24,054
I
I (3)
Common Stock 156,851
I
I (4)
Common Stock 242,581
I
I (5)
Common Stock 264,648
I
I (6)
Common Stock 38,500
I
I (7)
Common Stock 56,100
I
I (8)
Common Stock 1,551,825
I
I (9)
Series A Voting Preferred Stock 70
I
I (7)
Series A Voting Preferred Stock 102
I
I (8)
Series A Voting Preferred Stock 2,500
I
I (9)
Series B Voting Preferred Stock 677.349
I
I (2)
Series B Voting Preferred Stock 43.734
I
I (3)
Series B Voting Preferred Stock 285.183
I
I (4)
Series B Voting Preferred Stock 441.056
I
I (5)
Series B Voting Preferred Stock 481.178
I
I (6)
Series B Voting Preferred Stock 321.5
I
I (9)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kehler Dean C
622 THIRD AVENUE
35TH FLOOR
NEW YORK, NY 10017
  X   X    

Signatures

/s/ John Papachristos, John Papachristos, Attorney-In-Fact 04/05/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) See Remarks
(2) Shares directly held by Trimaran Fund II, L.L.C.
(3) Shares directly held by Trimaran Capital, L.L.C.
(4) Shares directly held by Trimaran Parallel Fund II, L.P.
(5) Shares directly held by CIBC Employee Private Equity Fund (Trimaran) Partners
(6) Shares directly held by CIBC Capital Corporation
(7) Shares directly held by Trimaran Fund Management, L.L.C.
(8) Shares directly held by Trimaran Advisors, L.L.C.
(9) Shares directly held by Caravelle Investment Fund, L.L.C.
 
Remarks:
(1) This report is filed by Dean C. Kehler, a managing member of (i) Trimaran Investments II, L.L.C. ("Trimaran II"), the 
managing member of Trimaran Fund II, L.L.C., Trimaran Capital, L.L.C., and Trimaran Parallel Fund II, L.P., and the party 
with sole power to vote and dispose of shares held by CIBC Employee Private Equity Fund (Trimaran) Partners and CIBC Capital 
Corporation, (ii) Trimaran Advisors, L.L.C., the investment advisor to Caravelle Investment Fund, L.L.C., and (iii) Trimaran 
Fund Management, L.L.C. The reported securities are directly owned by Trimaran Fund II, L.L.C., Trimaran Capital, L.L.C., 
Trimaran Parallel Fund II, L.P., CIBC Employee Private Equity Fund (Trimaran) Partners, CIBC Capital Corporation, Trimaran 
Advisors, L.L.C., Trimaran Fund Management, L.L.C., and Caravelle Investment Fund, L.L.C. The Reporting Person on this 
Form 3 disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. 

Exhibit List 

Exhibit 24 - Power of Attorney

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