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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…
Record 3Q revenue for KCS
Kansas City Southern Friday, Oct. 18, 2013 reported third-quarter net income of $119 million, or $1.07 per diluted share, up from $91 million, or 82 cents per diluted share, in…
KCS kicks-off Holiday Express charitable fundraiser
Kansas City Southern will be running its 13th annual Holiday Express train through 20 communities in six states on 24 dates this Christmas season between Nov. 29 and Dec. 22,…
KCS succession plan continues on-track
Kansas City Southern on Thursday, Aug. 8 announced, “in furtherance of its long-term succession planning,” that Michael R. Haverty will transition from his current position of Executive Chairman and employee…
KCS 2Q earnings, adjusted, beat Street
Kansas City Southern reported second-quarter earnings of $15.4 million, or 14 cents a share, Friday, July 19, 2013.
KCS de Mexico lands Chrysler Group honors
Kansas City Southern said Wednesday, June 12, 2013 it was "pleased to announce that Chrysler Group LLC has honored Kansas City Southern de Mexico, S.A. de C.V. (KCSM) with its…
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 sees stronger traffic in 2013 and beyond
In the company's annual report, just released, Kansas City Southern President and Chief Executive Officer David L. Starling and Executive Chairman Michael R. Haverty say they view 2013 as a…
Thank you, Betsy Morris (and the WSJ, too)
The Wall Street Journal has done a brilliant job of, as our Senior Consulting Editor Luther Miller likes to say, “making the obvious less obscure.”
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…
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