July 8, 2020 | AAR Freight Trends, Headlines, KCS
(Source: Supply Chain Dive, July 7, 2020) WASHINGTON, D.C. — In a call with Cowen Analysts last month, Kansas City Southern (KCS) CEO Pat Ottensmeyer said the second quarter had been challenging. “But we do see signs of life in a number of key areas in our...
July 6, 2020 | Headlines, KCS
(Source: Progressive Railroading, July 2, 2020) Kansas City Southern yesterday announced several organizational changes designed to support the Class I’s ongoing precision scheduled railroading (PSR) strategy and provide development opportunities for several KCS...
June 29, 2020 | Headlines, KCS
(Source: Railway Age, June 26, 2020) NEW YORK — William C. Vantuono, Editor-in-Chief at Railway Age, responds to the latest rumors that the Kansas City Southern is for sale. Full story: Railway Age
June 24, 2020 | Headlines, KCS
(Source: Freight Waves, June 23, 2020) CHATTANOOGA, Tenn. — Kansas City Southern is bracing for lower revenues in the second quarter amid sharply lower rail volumes due to the coronavirus pandemic. The railroad estimates that second-quarter revenue could be $550...
June 19, 2020 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, June 18, 2020) KANSAS CIY, Mo. — Kansas City Southern (KCS) will release its second quarter 2020 financial results on Friday, July 17, 2020, before the opening of trading on the New York Stock Exchange. KCS will also hold...
June 17, 2020 | Headlines, KCS
(Source: Freight Waves, June 16, 2020) CHATTANOOGA, Tenn. — The Class I railroads are considering retaining some of the measures they implemented to scale down operations as a result of the coronavirus pandemic, according to comments some executives have made at...
June 5, 2020 | Headlines, KCS
(Source: Supply Chain Dive, June 3, 2020) WASHINGTON, D.C. — Precision-railroading, the operating philosophy of most Class I railroads in the U.S., is defined by a relentless pursuit of efficiency and with manufacturing disrupted and rail volumes down across the...
April 22, 2020 | Headlines, KCS
(Source: Supply Chain Dive, April 21, 2020) WASHINGTON, D.C. — Freight volume was up 4% year-over-year (YoY) in the first quarter for Kansas City Southern (KCS), but a 26% month-over-month drop in train starts as of April 15 — exacerbated by the timing of the Easter...
April 20, 2020 | Headlines, KCS
(Source: Freight Waves, April 17, 2020) CHATTANOOGA, Tenn. — Kansas City Southern hopes to weather the coronavirus pandemic by shifting its operating plan to cut costs even further as a means to counter an anticipated steep downturn in second quarter volumes. This...
April 17, 2020 | Headlines, KCS, Quarterly Income
(Source: Freight Waves, April 17, 2020) CHATTANOOGA, Tenn. — Kansas City Southern saw record revenue of $731.7 million in the first quarter of 2020, a 7% increase from the first quarter of 2019 amid revenue gains for its chemicals and petroleum segments as well as for...
