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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…
KCS posts record third-quarter revenues
Despite record revenue for the third quarter, Kansas City Southern earnings of $90 million, or 82 cents per share, fell from $99.8 million, or 91 cents per share, in the…
Intermodal powers KCS to record quarter
With a 23% increase in intermodal revenue taking some of the sting out of 14% slump in revenue from utility coal, Kansas City Southern has reported second-quarter 2012 revenue of $545 million.…
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.
Dave Starling: “Not just a job, but a way of life"
Highlights from Kansas City Southern President and CEO Dave Starling’s remarks upon receipt of the Railroader of the Year Award, Union League Club, Chicago, Ill., March 13, 2012. “Railroading in…
RRIF loan will finance 30 KCSR locomotives
Kansas City Southern Railway Company (KCSR) has taken out a $54.6 million Federal Railroad Administration-administered Railroad Rehabilitation and Improvement Financing (RRIF) Program loan to purchase 30 new General Electric ES44AC…
KCS notches records for 4Q, full year
Kansas City Southern late Monday said it had notched record fourth-quarter revenue of $530 million, up 11% from the comparable quarter in 2010, while generating operating income of $150 million,…
Kansas City Southern President and CEO David L. Starling named Railway Age Railroader of the Year
David L. Starling, President and Chief Executive Officer of Kansas City Southern, has been named 2012 Railroader of the Year by railroad industry trade journal Railway Age.
Intermodal’s explosive growth
When the Santa Fe Railway and J.B. Hunt formed the first real train/truck partnership in the 1980s, it was a catalyst for the growth of the domestic intermodal industry. Doublestacking…
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