April 23, 2019 | CEO Pay, Headlines, KCS
(Source: Finance Daily, April 22, 2018) NEW YORK — Kansas City Southern CEO Patrick J. Ottensmeyer sold 13,800 shares of Kansas City Southern stock in a transaction dated Thursday, April 18. The shares were sold at an average price of $124.48, for a total transaction...
April 22, 2019 | Headlines, KCS
(Source: Supply Chain Dive, April 19, 2019) WASHINGTON, D.C. — After teasing interest in PSR principles last year, KCS’ transition has begun in earnest. But the KCS story does have some nuance to it: The railroad admits it has been leaving a lot of volume on the...
April 18, 2019 | Headlines, KCS, Quarterly Income
(Source: Freight Waves, April 17, 2019) CHATTANOOGA, Tenn. — Kansas City Southern‘s said its first quarter 2019 net profits rose nearly 16 percent amid its ongoing transition to precision scheduled railroading (PSR). Adjusted net income for the first quarter of 2019...
April 17, 2019 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), April 17, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record first quarter revenues of $675 million, an increase of 6% from first quarter 2018. Overall, carload volumes declined by 1% compared to...
April 10, 2019 | Headlines, KCS, Railroad Security
(Source: Freight Waves, April 9, 2019) CHATTANOOGA, Tenn. — Security officials in Washington, D.C., will be seeking the advice from trucking and rail groups on formulating regulatory policy that protects surface transportation infrastructure. The U.S. Transportation...
March 28, 2019 | Headlines, KCS
(Source: Freight Waves, March 27, 2019) CHATTANOOGA, Tenn. — Mexican government agency says Kansas City Southern and two other national rail lines have the opportunity to fix rail rates on certain routes serving much of the country’s industrial production. Full story:...
March 28, 2019 | Headlines, KCS
(Source: Progressive Railroading, March 27, 2019) Kansas City Southern will expand its deployment of the CloudMoyo crew management (CCM) software solution to its U.S. operations, the Class I announced yesterday. Full story: Progressive Railroading
March 27, 2019 | Headlines, KCS, Oil Train
(Source: Reuters, March 26, 2019) MEXICO CITY — The Mexican subsidiary of U.S. railroad operator Kansas City Southern expects its gasoline transport business to grow at least 15 percent by volume this year, and possibly much more, a senior executive said on Tuesday....
March 26, 2019 | Headlines, KCS
(Source: Progressive Railroading, March 25, 2019) The Mexican Federal Competition Commission (COFECE) has issued a preliminary report that assesses freight-rail service for certain chemical and petrochemical products shipped on certain routes in the Mexican state of...
March 21, 2019 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, March 20, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its first quarter 2019 financial results on Wednesday, April 17, 2019, before the opening of trading on the New York Stock Exchange. KCS will also...
