KCS Announces Holiday Express Details
Kansas City Southern (KCS) recently announced the schedule for the 19th annual Holiday Express train, which plans to stop in 20 communities in five U.S. states on 25 dates and begins in late November.
KCS
KCS 2Q19: Volume flat, but revenues reach record
Kansas City Southern (KCS) posted record revenues of $714 million, a 5% yearly increase, for 2Q19 despite “flat volumes,” the company reported on July 19.
KCS promotes Adamiak, Gloria Marrufo
Kansas City Southern (KCS) announced two promotions within its Chemical & Petroleum and Industrial & Consumer commodity groups, with Ginger Adamiak and Yesica Gloria Marrufo receiving new leadership roles.
KCS redefines two service metrics
In an effort to provide a more complete view of customer service and operational performance on its network, Kansas City Southern (KCS) has revised the definitions of two key service metrics—Operational Cars Online and Gross Velocity—that it uses to measure operating performance.
KCS reports record 1Q2019 revenues, strong growth
Kansas City Southern (KCS) on April 17 reported record first-quarter 2019 revenues of $675 million, a 6% year-over-year increase on a 1% volume decline, based on adjusted operating income of $242 million. Its adjusted operating ratio was 64.2% compared to 65.8% the year prior. Adjusted diluted earnings per share were $1.54—18% higher than a year ago.
KCS expands CloudMoyo to U.S.
Kansas City Southern announced on March 26 that it will expand the deployment of the CloudMoyo Crew Management tool (CCM) currently used in Mexico on KCSM to its U.S. operations.
KC Southern responds to Mexican COFECE report
Kansas City Southern confirmed on March 21 that the Investigation Authority of the Mexican Federal Competition Commission (COFECE) published an excerpt of its preliminary report about its assessment of effective competition in the market of freight railway transportation services “regarding certain chemical and petrochemical products shipped in certain specific routes with an origin or destination in the southern region of the State of Veracruz.”
KCS names Fahmy EVP PSR
Kansas City Southern, joining Class I contemporaries Union Pacific, Norfolk Southern, CSX, CN and Canadian Pacific in adopting one form or another of Precision Scheduled Railroading (PSR), has appointed Sameh Fahmy as Executive Vice President PSR, reporting to KCS President and CEO Patrick J. Ottensmeyer.
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.
Veteran power salutes veterans: KCS
In observation of Veterans Day (Nov. 12) in the United States, Kansas City Southern (KCS) unveiled 4006, a 13-year-old EMD SD70ACE based at the railroad’s Shreveport, La., Locomotive Shop, newly painted in a U.S. flag- and military-inspired scheme. KCS hosted a photo shoot with the locomotive and its Shreveport-based military active-duty and veteran employees.