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FRA's Szabo views Siemens plant PTC work
Federal Railroad Administrator Joseph C. Szabo on Friday, May 30, 2014 toured a Siemens rail automation plant in Louisville, Ky., which is producing components for new Positive Train Control (PTC)…
Class action suit targets KCS
Kansas City Southern appears to have become the target of shareholder class action, including from a law firm claiming the Class I railroad "and certain of its executive officers made…
KCS: Record revenue, good earnings in 1Q
Kansas City Southern reported net income in its 2014 first quarter of $94 million, or 85 cents per diluted share, slipping from $104 million, or 94 cents per diluted share,…
KCS to stockholders: Be prepared
Legislation introduced in late 2013 in Mexico’s House of Deputies to amend certain provisions in the Mexican Regulatory Railroad Service Law could have “a material adverse effect” on Kansas City…
SPECIAL REPORT: Keeping Railroads Healthy
Railroads are operating at peak safety, profitabilty, and productivity levels. Let’s keep them that way.
Chinese railway interests—in Mexico?
A Mexican legislator who happens to be a member of the nation’s opposition National Action Party (PAN) has said that the Chinese government is interested in participating in the country’s…
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…
KCS sets 4Q, full-year revenue records
Kansas City Southern reported fourth-quarter net income of $114 million, or $1.03 per diluted share, up 12% from $93 million, or 83 cents per diluted share, in the fourth quarter…
2014 TRAFFIC AND SPENDING OUTLOOK: A capital year for suppliers
2013 has been a record year for the railroads, “a very robust and challenging year for growth and re-investment,” in the words of BNSF chief executive Matt Rose. The indications…
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