FRA Certification Helpline: (216) 694-0240

Class I railroads: How did things get so bad?

(Source: Forbes, June 12, 2019) NEW YORK — On May 22nd and May 23rd, the Surface Transportation Board (STB) held an Oversight Hearing on Demurrage and Accessorial Charges. Railroad customers objected to escalating fines across the country’s seven Class I...

KCS Director Cordova sells $116,850 in company stock

(Source: Sundance Herald, June 6, 2019) NEW YORK — Kansas City Southern Director Lu M. Cordova sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 4. The shares were sold at an average price of $116.85, for a total transaction of...

U.S. officials bracing for Mexican tariffs

(Source: Railway Track & Structures, June 6, 2019) NEW YORK — Tariff talks between Mexico and the U.S. continued on June 6, with Mexico claiming progress was being made. President Trump, however, was not as optimistic. Full story: Railway Track &...

Tariff on Mexico could cripple some railroad companies

(Source: Railway Track & Structures, June 3, 2019) NEW YORK — Kansas City Southern is keeping a close eye on what happens with Mexico regarding tariffs. The railroad company has an operating line in Mexico and serves 90 percent of the auto assembly plants in the...

KCS VP Grafton sells 1,000 shares of company stock

(Source: Mayfield Recorder, May 2, 2019) NEW YORK — Kansas City Southern VP Suzanne M. Grafton sold 1,000 shares of Kansas City Southern stock in a transaction dated Wednesday, May 1. The stock was sold at an average price of $123.07, for a total value of $123,070.00....

KCS revises two service metrics

(Source: Progressive Railroading, May 1, 2019) As part of the railroad’s precision scheduled railroading transition, Kansas City Southern has revised the definitions of two service metrics it uses to measure operating performance, KCS officials announced on...

KCS EVP Hancock sells $579,930 in company stock

(Source: Finance Daily, April 22, 2019) NEW YORK — Kansas City Southern EVP Brian D. Hancock sold 4,648 shares of the company’s stock in a transaction on Thursday, April 18. The shares were sold at an average price of $124.77, for a total transaction of $579,930.96....