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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…
Ottensmeyer appointed KCS president
Kansas City Southern Executive Vice President and Chief Marketing Officer Patrick J. Ottensmeyer has been appointed President, effective March 1, 2015, as part of the railroad’s succession planning process.
KCS logs record 4Q and full year revenue
Kansas City Southern on Friday, Jan. 23, 2015, said it had achieved record revenue results for both its fourth quarter and full year, as earnings per share exceeded Wall Street…
STB to weigh key trackage rights case
The Surface Transportation Board has decided, somewhat reluctantly, to thrash out a trackage rights dispute raised by a BNSF request to acquire "terminal trackage rights over a single track jointly…
KCS reports record 3Q revenue
Kansas City Southern on Friday, Oct. 17, 2014 reported third-quarter 2014 revenue of $678 million, up 9% from the third quarter of 2013. Carload volumes for the quarter were up…
Maersk’s Hansen, Caterpillar’s Bozung join KCS
Erik B. Hansen, who has spent more than 25 years in leadership positions at A.P. Moller-Maersk and affiliated companies, has joined Kansas City Southern as Vice President Intermodal. Daniel B.…
KCSR reorganizes operating department
Kansas City Southern has made organizational changes within the operations department of its U.S. subsidiary, The Kansas City Southern Railway Company (KCSR).
KCS reports strong 2Q results
Kansas City Southern early Friday, July 18, 2014, reported higher second-quarter net income and revenue, which it said was powered by strong agriculture and automotive shipments.
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.…
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…
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…
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