March 19, 2019 | FRA, Headlines, KCS
(Source: Trains, March 18, 2019) WASHINGTON, D.C. — The Federal Railroad Administration has denied Kansas City Southern’s request to shift a brake test from the International Railway Bridge in Laredo, Texas, to one of its yards in neighboring Nuevo Laredo, Mexico....
March 15, 2019 | FRA, Headlines, KCS
(Source: AFL-CIO Transportation Trades Department press release, March 14, 2019) WASHINGTON, D.C. — Larry I. Willis, president of the Transportation Trades Department, AFL-CIO (TTD), issued the following statement in response to the Federal Railroad Administration...
February 21, 2019 | Headlines, KCS
(Source: Trains, February 20, 2019) MIAMI — The teachers’ strike and related protests in Mexico — which blocked Kansas City Southern’s key route between Mexico City and the Port of Lazaro Cardenas for nearly a month — will ding the railroad’s earnings per share by 5...
February 7, 2019 | Headlines, KCS
(Source: Kansas City Southern press release, February 7, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) today announced the appointment of Sameh Fahmy to the position of executive vice president precision scheduled railroading. Mr. Fahmy will report to KCS...
January 23, 2019 | CSX, Headlines, KCS
(Source: Freight Waves, January 22, 2019) WASHINGTON, D.C. — Three sides of the move to precision railroading (PSR) were on display last week during earnings season conference calls, and they helped to drive home how deeply the practice is embedding itself in the...
January 22, 2019 | Headlines, KCS
(Source: Freight Waves, January 18, 2019) CHATTANOOGA, Tenn. — Kansas City Southern is going down the precision railroading track. In announcing its fourth quarter 2018 earnings, KCS President and CEO Patrick Ottensmeyer said the company in 2018 “did not meet...
January 18, 2019 | Headlines, KCS, Oil Train
(Source: S&P Global Platts, January 17, 2019) HOUSTON — Kansas City Southern has received the necessary permits from state regulators to go ahead with a long-planned project to export heavy and light crude as well as refined products from its Port Arthur, Texas,...
January 18, 2019 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), January 18, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record fourth quarter 2018 revenues of $694 million, an increase of 5% from fourth quarter 2017 while carload volumes remained flat compared to...
October 29, 2018 | Headlines, KCS, UP
(Source: Supply Chain Dive, October 27, 2018) WASHINGTON, D.C. — Kansas City Southern (KCS) is closely watching Union Pacific’s transition to precision scheduled railroading (PSR) before deciding how and whether it will apply the operating model to its own...
October 22, 2018 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), October 19, 2018) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record revenues of $699 million, an increase of 6% from third quarter 2017. Overall, carload volumes increased 4% compared to prior year. Third...
