September 9, 2021 | CN, Headlines, KCS
(Source: Progressive Railroading, September 8, 2021) TCI Fund Management Ltd. has retained Kingsdale Advisors to act as strategic adviser and engage with CN’s shareholders to achieve TCI’s objectives of halting CN’s pursuit of Kansas City...
August 31, 2021 | Headlines, KCS
(Source: Kansas City Southern customer alert, August 30, 2021) KANSAS CITY, Mo. — As communicated on August 27th, Hurricane Ida was heading to the Louisiana coast. At this time, due to excessive rain and wind caused by the hurricane, the KCS mainline operations and...
August 31, 2021 | Headlines, KCS, UP
(Source: Bloomberg, August 30, 2021) NEW YORK — Hurricane Ida forced Kansas City Southern to shut its main line in Louisiana and has halted exchanges between railroads in New Orleans, which may worsen delays in a U.S. shipping industry that is already stretched thin....
August 26, 2021 | Headlines, KCS
(Source: Kansas City Southern press release, August 24, 2021) SHREVEPORT, La. — Kansas City Southern (KCS) announced a partnership with Northwest Louisiana Technical Community College (NLTCC) for the railroad company’s Skilled Trade Women’s Scholarship Program. The...
August 20, 2021 | CN, Headlines, KCS
(Source: Kansas City Southern press release (PDF), August 19, 2021) KANSAS CITY, Mo. — Kansas City Southern (“KCS”) today announced that it has convened and adjourned the Special Meeting of Stockholders (the “Special Meeting”) for KCS stockholders to vote on the...
August 19, 2021 | Headlines, KCS
(Source: Kansas City Southern press release (PDF), August 18, 2021) SALT LAKE CITY and KANSAS CITY — Savage is partnering with Kansas City Southern (KCS) to construct a multi-commodity railport with transload and railcar storage capabilities in Mossville, La. Savage...
August 18, 2021 | CN, Headlines, KCS
(Source: Associated Press, August 17, 2021) OMAHA, Neb. — Kansas City Southern decided Tuesday to will delay this week’s planned shareholder vote on Canadian National’s $33.6 billion offer to buy the railroad because regulators haven’t yet ruled on a key part of the...
August 17, 2021 | CN, Headlines, KCS
(Source: Supply Chain Dive, August 16, 2021) WASHINGTON, D.C. — North American railways have suddenly become hotter, and it has nothing to do with the summer heat. Drama is ensuing over proposals for one of two major Canadian railways to acquire Kansas City Southern....
August 16, 2021 | CN, Headlines, KCS
(Source: Associated Press, August 12, 2021) OMAHA, Neb. — Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week. Kansas City...
August 12, 2021 | Headlines, KCS, STB
(Source: Railway Age, August 12, 2021) NEW YORK — Kansas City Southern President and CEO Pat Ottensmeyer on Aug. 3 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of...
