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.
David L Starling
Standard & Poor’s upgrades KCS credit rating
Standard & Poor’s on Tuesday upgraded Kansas City Southern’s credit rating to B+ with a positive outlook, one level below an investment grade rating, which would further cut borrowing costs. The upgrade is based on stronger earnings along with lower debt and interest expenses.
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 also dates