Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
HEYER ANDREW R
  2. Issuer Name and Ticker or Trading Symbol
FreightCar America, Inc. [RAIL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
425 LEXINGTON AVE 3RD FL, CIBC WOOD GUNDY
3. Date of Earliest Transaction (Month/Day/Year)
04/11/2005
(Street)

NEW YORK, NY 10017
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Series A Voting Preferred Stock (1) 04/11/2005   D   70 D $ 516.3 0 I I (2)
Series A Voting Preferred Stock 04/11/2005   D   102 D $ 416.3 0 I I (3)
Series A Voting Preferred Stock 04/11/2005   D   2,500 D $ 997.87 0 I I (4)
Series B Non-Voting Preferred Stock 04/11/2005   D   677.349 D $ 997.87 0 I I (5)
Series B Non-Voting Preferred Stock 04/11/2005   D   43.734 D $ 997.87 0 I I (6)
Series B Non-Voting Preferred Stock 04/11/2005   D   285.183 D $ 997.87 0 I I (7)
Series B Non-Voting Preferred Stock 04/11/2005   D   441.056 D $ 997.87 0 I I (8)
Series B Non-Voting Preferred Stock 04/11/2005   D   481.178 D $ 997.87 0 I I (9)
Series B Non-Voting Preferred Stock 04/11/2005   D   321.5 D $ 997.87 0 I I (4)
Common Stock               138,222 I I (5)
Common Stock               8,925 I I (6)
Common Stock               58,196 I I (7)
Common Stock               90,003 I I (8)
Common Stock               98,190 I I (9)
Common Stock               14,285 I I (2)
Common Stock               20,815 I I (3)
Common Stock               575,763 I I (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HEYER ANDREW R
425 LEXINGTON AVE 3RD FL
CIBC WOOD GUNDY
NEW YORK, NY 10017
    X    

Signatures

 /s/ John Papachristos, Name: John Papachristos, Title: Attorney-in-Fact for ANDREW R. HEYER   04/13/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) This report is filed by Andrew R. Heyer, 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 or were 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 4 disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
(2) Shares directly held by Trimaran Fund Management, L.L.C.
(3) Shares directly held by Trimaran Advisors, L.L.C.
(4) Shares directly held by Caravelle Investment Fund, L.L.C.
(5) Shares directly held by Trimaran Fund II, L.L.C.
(6) Shares directly held by Trimaran Capital, L.L.C.
(7) Shares directly held by Trimaran Parallel Fund II, L.P.
(8) Shares directly held by CIBC Employee Private Equity Fund (Trimaran) Partners.
(9) Shares directly held by CIBC Capital Corporation.

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