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For KCS, “meaningful sequential improvement”
An operating ratio of 65.2% combined with diluted earnings per share of $1.20 resulted in a slightly improved third-quarter 2015 for Kansas City Southern (KCS), the railroad reported on Oct.…
KCS releases 2014 Sustainability Report
Kansas City Southern (KCS) has published its annual Sustainability Report covering the company’s activities in 2014, the company reported Oct. 13, 2015. The report is now available on the railroad’s…
KCS launches new customer-driven website
Kansas City Southern (KCS) has launched a new and improved www.kcsouthern.com for The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, S.A. de C.V. (KCSM), the…
KCS to invest $7.5 million in Mississippi rail lines
Kansas City Southern (KCS) announced Oct. 1, 2015 that its principal U.S. subsidiary, The Kansas City Southern Railway Company (KCSR), will invest approximately $7.5 million in 2015 on construction and…
KCS opens new Texas intermodal terminal
Kansas City Southern (KCS) on July 30, 2015, celebrated the dedication of its new, state-of-the-art intermodal terminal in Wylie, Tex., with a ribbon-cutting ceremony that included the attendance of local…
KCS to invest $15.6 million in Missouri rail line
Kansas City Southern’s (KCS) U.S. subsidiary, The Kansas City Southern Railway Company (KCSR) will invest approximately $15.6 million in 2015 on construction and improvement projects on the segment of the…
KCS reports flat first quarter
A 1% decrease in overall revenue combined with a 1% increase in carload volume compared to the prior-year period produced relatively flat first-quarter 2015 financial results for Kansas City Southern’s…
Rail stocks slide following KCS outlook downgrade
Railroad stocks slid precipitously on Monday, March 23, 2015, pulling down the broader transport sector, after Kansas City Southern, citing the negative effects of lower oil prices and continued weakness…
KCS names Jarboe Vice President Mechanical Operations
Kansas City Southern has named Gary W. Jarboe Vice President Mechanical Operations for Kansas City Southern Railway (KCSR), closely coordinating with the leadership of Kansas City Southern de Mexico, S.A.…
STB: BNSF, KCS, UP mediation "mandatory"
The Surface Transportation Board is directing BNSF Railway, Kansas City Southern Railway, and Union Pacific to "Engage in mandatory mediation to resolve" the issue of trackage rights over nine miles…
Mexico to its rail franchisees: “Yanqui go home”
At the turn of the 20th century, seven-term Mexican President Porfirio Diaz is cited as having complained, “Poor Mexico, so far from God and so close to the United States.”
Mexico's stalking railway horse impacting KCS
A railway reform bill that has been approved by the lower house of Mexico’s Congress and that would impose a form of open access has had a major impact on…
Schneider National, CN, KCS improve Mexico Direct
Schneider National’s nonstop, borderless Mexico Direct intermodal service, launched in 2006, now offers a new steel-wheel interchange in Jackson, Miss., with CN and Kansas City Southern. It’s described as “a…
KCS names Selby short line, energy markets VP
Kansas City Southern has promoted Darin P. Selby to Vice President Energy Markets and Short Line Partner Relations, from his previous position as Assistant Vice President.
KCS sets record 1Q revenue; earnings beat Street
Kansas City Southern early Friday reported first-quarter revenue of $553 million, up 1% from the comparable quarter in 2012 and a record. Net income was $94 million, or 94 cents…
Mad Money’s Jim Cramer: KCS “my new favorite stock”
No need for me to say anything about Kansas City Southern. Jim Cramer, CNBC’s host of “Mad Money,” says it all in this segment on the railroad’s growth in Mexico.
KCS’s Haverty receives Syracuse University Salzberg Medallion
Syracuse University’s Whitman School of Management recently presented Kansas City Southern Executive Chairman Mike Haverty with the prestigious Harry E. Salzberg Memorial Program Medallion, which recognizes achievements in supply chain…
Lines on a map do not a merger make
While the railroad world waits for the Canadian Pacific Railway board of directors to name a permanent chief executive to succeed acting CEO Steve Tobias, some railfans are whiling away…
KCS: Record 1Q revenue, operating ratio
Kansas City Southern has reported record first-quarter 2012 revenue of $548 million with carloads up 7% from first-quarter 2011.
Standard & Poor's upgrades KCS credit rating
Standard & Poor's on Tuesday upgraded Kansas City Southern's credit rating to B+ with a positive outlook, one level below an investment grade rating, which would further cut borrowing costs. The upgrade…
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