November 22, 2019 | Headlines, KCS, Technology
(Source: Railway Age, November 21, 2019) NEW YORK — Kansas City Southern has completed the global deployment and rollout of a cloud-based operational testing system from Bellevue, Washington-based CloudMoyo (CM), a developer of artificial intelligence (AI)...
November 21, 2019 | Headlines, KCS
(Source: Kansas City Southern press release, November 20, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today its 19th annual Holiday Express will distribute $170,450 to The Salvation Army at stops along the route to provide warm clothing and other...
November 21, 2019 | CEO Pay, Headlines, KCS
(Source: Financial Stocks Daily, November 21, 2019) NEW YORK — COO Jeffrey M. Songer sold 6,304 shares of the company’s stock in a transaction on Monday, November 18. The stock was sold at an average price of $154.45, for a total transaction of $973,652.80. Following...
November 20, 2019 | CEO Pay, Headlines, KCS
(Source: Guru Focus, November 19, 2019) NEW YORK — EVP & Chief Innovation Officer of Kansas City Southern Brian D. Hancock sold 4,368 shares of KSU on November 18, 2019, at an average price of $154.46 a share. The total sale was $674,681. Full story: Guru...
November 14, 2019 | Headlines, KCS
(Source: Kansas City Southern press release, November 12, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced that its Board of Directors approved a new capital allocation policy. Under this new policy, the Company intends to deploy available cash in the...
October 22, 2019 | Headlines, KCS, Quarterly Income
(Source: Supply Chain Dive, October 21, 2019) WASHINGTON, D.C. — KCS is exhibiting the effects of overall depressed volume for railroads less than other Class I’s due to its substantial freight share that crosses the U.S.-Mexico border. Chemical and petroleum...
October 21, 2019 | Headlines, KCS, Quarterly Income
(Source: Freight Waves, October 18, 2019) CHATTANOOGA, Tenn. — Although Kansas City Southern declined to provide any guidance on 2020, opportunities to grow cross-border volumes, coupled with additional savings and operational efficiencies as a result of precision...
October 21, 2019 | Headlines, KCS, Quarterly Income
(Source: Progressive Railroading, October 18, 2019) Kansas City Southern logged record third-quarter 2019 revenue of $747.7 million, a 7 percent increase over the same quarter a year ago, the Class I announced today. The railroad was helped by a 21 percent increase in...
October 18, 2019 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), October 18, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record revenues of $747.7 million, an increase of 7% from third quarter 2018. Overall, carload volumes were flat compared to prior year. Third...
September 20, 2019 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, September 20, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its third quarter 2019 financial results on Friday, October 18, 2019, before the opening of trading on the New York Stock Exchange. KCS will...
