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KCS reports 1Q 2020 results

(Source: Kansas City Southern press release (PDF), April 17, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record revenues of $731.7 million, an increase of 8% from first quarter 2019. Overall, carload volumes were up 4% compared to prior year. First...

KCS employee seriously injured, airlifted to St. Louis

(Source: River Bender, April 14, 2020) GODFREY, Ill. — A man was seriously injured around 3:30 Tuesday afternoon at the train track in the 6300 block of Lake Drive in Godfrey. The man was an employee of Kansas City Southern. It is not known exactly how the injuries...

KCS to increase train speed through Bossier City

(Source: Bossier Press-Tribune, April 3, 2020) BOSSIER CITY, La. — Beginning April 12, 2020, The Kansas City Southern Railway Company (KCSR) will increase train speed on 1.8 miles of track between Benton Road Overpass and the West Gate of Barksdale Air Force Base in...

KCS to announce 1Q 2020 results on April 17

(Source: Kansas City Southern press release, March 20, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its first quarter 2020 financial results on Friday, April 17, 2020, before the opening of trading on the New York Stock Exchange. KCS will also hold...

KCS struggles with macroeconomic uncertainty

(Source: Freight Waves, March 18, 2020) CHATTANOOGA, Tenn. — Kansas City Southern might update its operating ratio targets and its anticipated revenue margin for 2020 next month, but any modifications will largely depend on how the U.S. responds to the coronavirus...

KCS mulls response to Mexican agency’s claims

(Source: Freight Waves, February 11, 2020) CHATTANOOGA, Tenn. — Kansas City Southern is considering what legal options it has available to challenge a report by a federal agency in Mexico claiming a lack of rail market competition to haul chemical and petrochemical...

KCS optimistic about 2020

(Source: Freight Waves, January 17, 2020) CHATTANOOGA, Tenn. — Kansas City Southern expects rail volumes and revenue to grow in 2020 amid service improvements and clarity on U.S. trade policy concerning North America. Full story: Freight Waves