Stacks and tracks: Intermodal leads AAR weekly freight data
Growing e-commerce and the run-up to end-of-year retail sales helped intermodal shipments gain in the weekly rail freight report from the Association of American Railroads.
Kansas City Southern
KCS appoints innovation, marketing EVPs
Kansas City Southern (KCS) has announced two new appointments among the company’s executive management ranks.
KCS, for the long haul (and Christmas, too)
Kansas City Southern’s 2017 sustainability report, “For the Long Haul: Delivering Prosperity, Valuing People, Protecting the Planet,” was created “to clearly communicate why our sustainability priorities are important to our business,” according to President and CEO Patrick J. Ottensmeyer.
Trade worries shadow rail freight gains
Another month, another milestone for surging North American rail freight with one caveat – ongoing uncertainty over U.S. trade policy.
Rail freight hot streak continues
Deep into a summer of simmering trade and economic issues, grain and petroleum continued to lead growing U.S. rail traffic for the week ending August 25.
Grain tops weekly carloads
Rail traffic in the U.S. for the week ending August 18 was 567,477 carloads and intermodal units, up 3.7% compared with the same week in 2017.
KCS opens second Laredo Customs station
Kansas City Southern and U.S. Customs and Border Protection celebrated the completion of the Secondary Examination Station at the KCS Laredo rail yard Aug. 10 with a ribbon-cutting ceremony.
Rail freight volumes continue to climb
Rail freight, including commodity and intermodal volumes, continued steady upward movement in the latest weekly data check.
For KCS, a 2Q record (updated)
Kansas City Southern reported record second-quarter 2018 revenues of $682 million, an increase of 4% from 2Q17. Overall, carload volumes increased 1% compared to the prior year.
Carloads, intermodal up ahead of tariffs
Rail traffic moved smartly ahead the first week of July as shippers secured orders before President Trump’s tariffs take full effect.