October 19, 2021 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, October 19, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported revenues of $744.0 million, an increase of 13% from third quarter 2020. Overall, carload volumes were down 3% compared to prior year primarily due to...
October 19, 2021 | Headlines, KCS, Quarterly Income
(Source: Railway Age, October 19, 2021) NEW YORK — Kansas City Southern (KCS) on Oct. 19 was the first Class I to report third-quarter 2021 earnings. Revenue for the potentially merger-bound railroad — back with original suitor Canadian Pacific (CP) — came in at...
October 19, 2021 | CN, Headlines
(Source: Bloomberg News, October 18, 2021) MONTREAL — The activist investor pushing for change at Canadian National Railway Co. has outlined its plan to improve returns at Canada’s largest railway with a greater focus on efficiency under a new chief executive officer....
October 19, 2021 | Amtrak, Headlines, STB
(Source: Progressive Railroading, October 18, 2021) The Surface Transportation Board (STB) late last week granted a motion filed by CSX, Norfolk Southern Railway and Amtrak to extend the procedural schedule that addresses Amtrak’s request to operate passenger rail...
October 19, 2021 | Headlines, Teamsters, War on Workers
The International Brotherhood of Teamsters updates the news section of its website each day with the latest regarding the Teamsters, domestic and global labor and trade issues, state and living wage battles, social justice, the War on Workers, and many other important...
