KCS: Strong 4Q18, record 2018, higher capex in 2019

Kansas City Southern (KCS) posted record revenues, adjusted operating income and adjusted earnings per share in 2018, but fell short of its own expectations for financial and operation performance, the company reported on Jan. 18. As well. It plans to increase capital investment in 2019 substantially, compared to 2018.

The secret to success for manufacturers and distributors? Follow the tracks

When a manufacturing or distribution company selects a new location for a facility, which factors are most important? Should the manufacturer listen to the recommendations of HR representatives and utility consultants or the construction controllers and local economic development officials? Opinions are infinite, but meaningful insights can be few and far between.

Freight rail traffic: Everything is up

The Association of American Railroads (AAR), in reporting U.S. rail traffic for the week ending Jan. 12, 2019, noted that carloads and intermodal volume both experienced healthy increases. As well, there were gains in all carload commodity groups.

Railroader of the Year: CN’s JJ Ruest

RAILWAY AGE JANUARY 2019 ISSUE: The 56th annual recipient of Railway Age’s Railroader of The Year award is CN President and Chief Executive Jean-Jacques “JJ” Ruest, leader of one of North America’s best-performing Class I railroads. From applied chemistry to railroading, CN’s chief executive has always put the customer first.