November 18, 2020 | Headlines, KCS
(Source: Freight Waves, November 17, 2020) CHATTANOOGA, Tenn. — The city of San Angelo, Texas, recently approved a $600,000 deal with South Plains Lamesa Railroad (SPLRR) to create a multi-commodity railroad transloading facility between central Texas and Mexico. Full...
November 18, 2020 | Headlines, KCS
(Source: Market Watch, November 17, 2020) NEW YORK — Kansas City Southern provided Tuesday a downbeat outlook for fourth-quarter revenue, as the rail road operator said protests blocking the Caltzontzin District in Mexico are hurting its volume and revenue...
November 11, 2020 | Headlines, KCS
(Source: Progressive Railroading, November 10, 2020) Kansas City Southern announced today that its board approved updates to its capital allocation policy. Full story: Progressive Railroading
November 10, 2020 | Headlines, KCS
(Source: Freight Waves, November 8, 2020) CHATTANOOGA, Tenn. — Rail lines from Mexico’s Port of Lázaro Cárdenas have been blocked for almost 40 days, upending freight flows across several key trade routes. Protesters are blocking rail lines operated by Kansas City...
November 3, 2020 | Headlines, KCS
(Source: 12 News Now, November 2, 2020) MAURICEVILLE, Texas — Crews are still working five days later to clean up after a train went off the tracks in Mauriceville early Thursday. Orange County Emergency Management said the evacuation area has been lifted, and...
November 2, 2020 | Headlines, KCS
(Source: 12 News Now, November 1, 2020) MAURICEVILLE, Texas — Students won’t be able to go back to Mauriceville Elementary and Mauriceville Middle School on Monday as crews continue to clean up after a train derailed on Thursday morning. Full story: Beaumont...
October 30, 2020 | Headlines, KCS
(Source: USA Today, October 29, 2020) MAURICEVILLE, Texas — A Kansas City Southern train derailed around 7:30 a.m. in Mauriceville, Texas, near the state’s border with Louisiana. The derailment involved 25 cars, according to the Orange County Office of Emergency...
October 28, 2020 | Headlines, KCS
(Source: Freight Waves, October 27, 2020) CHATTANOOGA, Tenn. — After more than 60 days of protests, a railroad blockade in the Mexican state of Chihuahua has ended, according to the Confederation of Industrial Chambers of the United Mexican States (CONCAMIN). While...
October 27, 2020 | Headlines, KCS, UP
(Source: CNBC, October 26, 2020) NEW YORK — CNBC’s Jim Cramer on Monday, reviewing earnings reports from the railroad companies that have reported thus far, suggested that the rail industry could benefit from consolidation. Full story: CNBC
October 20, 2020 | Headlines, KCS, Quarterly Income
(Source: Supply Chain Dive, October 19, 2020) WASHINGTON, D.C. — KCS considers cross-border intermodal to be a potential growth area for its business, and CEO Patrick Ottensmeyer acknowledged that trip plan compliance will be important in gaining that business....