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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1. Name and Address of Reporting Person * Trimaran Fund II, L.L.C.   2. Issuer Name and Ticker or Trading Symbol FreightCar America, Inc. [RAIL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O TRIMARAN CAPITAL PARTNERS, 622 THIRD AVENUE, 35TH FLOOR 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) ___ Form filed by One Reporting Person _X_ 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 Preferred Stock (1) 04/11/2005   D   70 D $ 516.3 0 I I (2) Series A Preferred Stock 04/11/2005   D   102 D $ 516.3 0 I I (3) Series A 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               20,185 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
Trimaran Fund II, L.L.C. C/O TRIMARAN CAPITAL PARTNERS 622 THIRD AVENUE, 35TH FLOOR NEW YORK, NY 10017	X	X
Trimaran Capital, L.L.C. C/O TRIMARAN CAPITAL PARTNERS 622 THIRD AVENUE, 35TH FLOOR NEW YORK, NY 10017	X	X
Trimaran Investments II, L.L.C. C/O TRIMARAN CAPITAL PARTNERS 622 THIRD AVENUE, 35TH FLOOR NEW YORK, NY 10017	X	X
CIBC Employee Private Equity Fund (Trimaran) Partners C/O TRIMARAN CAPITAL PARTNERS 622 THIRD AVENUE, 35TH FLOOR NEW YORK, NY 10017	X	X
CIBC Capital CORP C/O TRIMARAN CAPITAL PARTNERS 622 THIRD AVENUE, 35TH FLOOR NEW YORK, NY 10017	X	X
Trimaran Fund Management, L.L.C. C/O TRIMARAN CAPITAL PARTNERS 622 THIRD AVENUE, 35TH FLOOR NEW YORK, NY 10017	X	X
Trimaran Advisors, L.L.C. C/O TRIMARAN CAPITAL PARTNERS 622 THIRD AVENUE, 35TH FLOOR NEW YORK, NY 10017	X	X
Caravelle Investment Fund, L.L.C. C/O TRIMARAN CAPITAL PARTNERS 622 THIRD AVENUE, 35TH FLOOR NEW YORK, NY 10017	X	X

Signatures

/s/ John Papachristos, Name: John Papchristos, Title: Attorney-in-Fact TRIMARAN INVESTMENTS II, L.L.C.		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)	See Remarks Section
(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
Remarks: Exhibit List  Exhibit 99 - Joint Filer Information  Footnote 1  This report is filed jointly by Trimaran Investments II, L.L.C. ("Trimaran II"), 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 Mangement, L.L.C. and Caravelle Investment Fund, L.L.C. as members of a Section  13(d) "group." 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, Trimaran Advisors, L.L.C., Trimaran  Fund Management, L.L.C. and Caravelle Investment Fund, L.L.C. Trimaran II is the managing member of Trimaran Fund II,  L.L.,C., Trimaran Capital, L.L.C. and Trimaran Parallel Fund II, L.L.C., and has sole power to vote and dispose of shares  held by CIBC Employee Private Equity Fund (Trimaran) Partners and CIBC Capital Corporation. Trimaran Advisors, L.L.C. and  Trimaran Fund Management, L.L.C. are affiliated entities. Trimaran II may be deemed a director by deputization as a result  of Jay R. Bloom, a managing member of Trimaran, II, and Mark D. Dalton, who is employed by Trimaran II, serving on  FreightCar's board of directors. This is an exit filing for members of the group (other than Trimaran II) as a result of  their beneficial ownership dropping below 10%. Trimaran II, however, will continue to file Section 16 filings since it may  be deemed a director by deputization. The Reporting Persons on this Form 4 disclaim beneficial ownership of the reported  securities except to the extent of their pecuniary interests therein.

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