FreightCar America Joins Russell 2000 and 3000 Indexes, Accessing $12.2 Trillion Benchmark Assets
RAIL•FreightCar America was added to the Russell 2000 and Russell 3000 indexes effective June 29, 2026, following the June reconstitution of the Russell US benchmarks. Inclusion grants the company exposure to part of the $12.2 trillion in assets benchmarked to or invested in Russell-based funds.
1. Index Inclusion Details
FreightCar America secured spots in both the Russell 2000 and Russell 3000 indexes effective June 29, 2026, as part of the annual June reconstitution that ranks up to 4,000 US equities by total market capitalization. Membership is determined by objective market-cap rankings and style attributes, placing the company in the appropriate large- or small-cap and value or growth segments.
2. Potential Investment Impact
Inclusion in these widely followed benchmarks increases visibility among institutional investors and passive funds, potentially driving incremental inflows as the Russell US indexes collectively underpin $12.2 trillion in benchmarked or invested assets. This expanded investor base may bolster trading liquidity and support long-term shareholder value creation.
3. Company Profile
Founded in 1901 and headquartered in Chicago, FreightCar America designs, manufactures and supplies railroad freight cars, parts and components, and offers railcar repair, rebody and conversion services. The firm serves critical sectors of the North American supply chain by repurposing and maintaining rail assets to meet industrial and transportation demands.
