January 25, 2021 | Headlines, KCS
(Source: Freight Waves, January 22, 2021) CHATTANOOG, Tenn. — Kansas City Southern’s net profit for the fourth quarter of 2020 rose 30% over a year ago despite a 5% decline in revenue. Fourth-quarter 2020 net income was $165.7 million, or $1.80 per diluted share,...
January 25, 2021 | Headlines, KCS
(Source: Freight Waves, January 23, 2021) CHATTANOOGA, Tenn. — Kansas City Southern expects to execute the third phase of its version of precision scheduled railroading (PSR) this year in a bid to lower the company’s operating ratio (OR) to the mid-50s by 2022. Full...
January 25, 2021 | Headlines, KCS
(Source: Trains.com, January 22, 2021) KANSAS CITY. Mo. — Kansas City Southern, which reported fourth-quarter and full-year earnings growth today, expects revenue to grow at least 11% this year as cross-border petroleum and intermodal traffic continue to soar. Full...
January 25, 2021 | Headlines, KCS
(Source: Trains.com, January 22, 2021) KANSAS CITY, Mo. — The coronavirus pandemic has hit Kansas City Southern de Mexico particularly hard, with up to 15% of the railroad’s train crews out on leave due to COVID-19. On a typical day, about 5% of train crews systemwide...
January 22, 2021 | Headlines, KCS
(Source: BN Americas, January 21, 2021) NEWARK, Del. — After investing US$167 million in its Mexican network last year, railway operator Kansas City Southern (KCS) will keep focusing on capacity projects this year. Full story: www.bnamericas.com
January 21, 2021 | Headlines, KCS
(Source: Kansas City Southern press release, January 20, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today that it has entered into a joint agreement with NorthPoint Development to develop the master planned Wylie Logistics Park in Wylie, Texas,...
January 20, 2021 | Headlines, KCS
(Source: Kansas City Southern press release, January 19, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced that it has submitted a commitment letter to the Science Based Targets Initiative (SBTi) pledging to set a science-based greenhouse gas emissions...
December 2, 2020 | Headlines, KCS
(Source: Kansas City Southern press release, December 1, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced in September that it would celebrate the 20th anniversary of its KCS Holiday Express program and partnership with The Salvation Army with a...
November 24, 2020 | CEO Pay, Headlines, KCS
(Source: Market Beat, November 23, 2020) NEW YORK — Kansas City Southern VP Lora S. Cheatum sold 1,519 shares of the firm’s stock in a transaction on Friday, November 20. The stock was sold at an average price of $188.95, for a total transaction of $287,015.05....
November 23, 2020 | CEO Pay, Headlines, KCS
(Source: Smarter Analyst, November 20, 2020) NEW YORK — Yesterday it was reported that the EVP, CMO of Kansas City Southern, Michael Naatz, exercised options to sell 5,355 KSU shares at $105.63 a share, for a total transaction value of $1.01 million. Full story:...
