Kansas City Southern Archives

With 2.4 million square feet of building capacity for warehousing and distribution, the new logistics park offers a heavy-haul road network with direct access to Highway 78 and the interstate system, air and seaports, and KCS’ intermodal terminal.

January 21, 2021
Class I, Freight, Intermodal, News, Switching & Terminal

KCS, Partner to Develop Texas Logistics Park

Kansas City Southern (KCS) and NorthPoint Development will develop the Wylie Logistics Park—adjacent to the Class I railroad’s David L. Starling Wylie Intermodal Terminal—in the Dallas metropolitan area.

Kansas City Southern has pledged to set a science-based greenhouse gas emissions reduction target that it said “will align with what climate scientists say is needed to meet the Paris Agreement goal of limiting global warming to well below 2°C above pre-industrial levels.”

January 19, 2021
Class I, Freight, Mechanical, News

KCS Targets Greenhouse Gas Emissions

Kansas City Southern has submitted a letter to the Science Based Targets Initiative (SBTi) committing to setting a greenhouse gas emissions reduction target.

January 19, 2021
Analytics, C&S, Class I, Commuter/Regional, Finance/Leasing, Freight, High Performance, Intercity, Intermodal, Light Rail, M/W, Mechanical, News, Passenger, PTC, Rapid Transit, Regulatory, Safety, Short Lines & Regionals, Switching & Terminal

Railway Age Announces 2021 ‘Fast Trackers’ 20 Under 40 Honorees

Railway Age is honoring 20 “Fast Trackers” from a pool of more than 100 strong nominations for this year’s 20 Under 40 awards program.

The Cowen and Company analysts reported that Kansas City Southern “again” received the highest “positive” rating, followed by BNSF in their 4Q Rail Shipper Survey.

January 14, 2021
Class I, Finance/Leasing, Freight, Freight Cars, Freight Forecasting, Intermodal, Mechanical, News

Cowen 4Q20 Surveys: Rail Pricing, Car Orders Up Slightly, Say Shippers

Rail shippers in fourth-quarter 2020 expected price increases of 3.2% (up 10bps sequentially), and their sub-group of railcar buyers raised order expectations modestly, according to two surveys conducted by Cowen and Company analysts Jason H. Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliot Alper.

BNSF’s Michael Garriga (right) helped facilitate donations to four nonprofits that support service members. Among them: the Mississippi Military Emergency Relief Fund, for which Gov. Tate Reeves accepted a $10,000 check.

December 21, 2020
Class I, Freight, News

BNSF, KCS: Giving Back to Local Communities

While BNSF and Kansas City Southern were unable to run their annual holiday trains this year due to the pandemic, they continued delivering donations to communities along their lines.

Installation of more then 30,000 feet of track has been completed at Alpenglow Rail’s new railcar storage, switching and transloading logistics park, as part of phase-one construction.

December 08, 2020
Class I, Freight, Intermodal, M/W, News, Short Lines & Regionals, Switching & Terminal

Alpenglow Rail Launches Texas Terminal

Englewood, Colo.-based Alpenglow Rail has opened a 51-acre rail terminal in Port Arthur, Texas. In August, the company acquired USA Rail, along with this terminal, which was under construction.

CP and KCS are supporting the Homes for Heroes Foundation and The Salvation Army, respectively, in fundraising efforts.

December 04, 2020
Class I, Freight, News

CP, KCS Supporting Local Communities

Canadian Pacific (CP) and Kansas City Southern (KCS) have continued their partnerships with the Homes for Heroes Foundation (HFHF) and The Salvation Army, respectively, to hold fundraisers for local communities.

“Our plan to prudently increase the amount of capital returned to shareholders demonstrates management’s and our Board’s confidence in our strong growth prospects, ability to continue delivering on our long-range plan, and the long-term operational efficiencies and lower capital spend intensity created by our Precision Scheduled Railroading implementation,” President and CEO Patrick J. Ottensmeyer said.

November 10, 2020
Class I, Freight, Intermodal, M/W, News

KCS: Investing for Growth, Delivering ‘Meaningful’ Capital Returns

Kansas City Southern’s (KCS) Board of Directors on Nov. 10 approved updates to the railroad’s capital allocation policy.

October 16, 2020
Class I, Freight, Freight Forecasting, Intermodal, News

KCS 3Q2020 ‘Demonstrates Resiliency’ (UPDATED)

Kansas City Southern, the first Class I railroad out of the earnings report gate, took a revenue hit based on a carloadings drop, yet managed to post a 58.8% quarterly operating ratio. KCS also will initiate a $500 million share repurchase program on Oct. 16.

The STB determined that UP was among the Class I’s achieving a rate of return on investment (ROI) equal to or greater than the Board’s calculation of the average cost of capital for the freight rail industry, a sign of revenue adequacy. UP was also found to be revenue adequate for 2018.

October 05, 2020
Class I, Freight, Freight Forecasting, Intermodal, News, Regulatory

STB: Five Class I’s Revenue Adequate for 2019

The Surface Transportation Board has determined that five of the “Big 7” U.S. Class I railroads achieved revenue adequacy in 2019: BNSF, CSX, Norfolk Southern, Soo Line (the U.S. affiliate of Canadian Pacific) and Union Pacific. STB determined that those Class I’s achieved a rate of return on investment (ROI) equal to or greater than the Board’s calculation of the average cost of capital for the freight rail industry, which for 2019 is 9.34%.