October 9, 2018 | Headlines, KCS
(Source: Freight Waves, October 4, 2018) CHATTANOOGA, Tenn. — In the rush to precision railroading, the president and CEO of the smallest if the class 1 railroads suggested that the industry may have lost some of its long-term focus. Full story: Freight...
September 24, 2018 | Headlines, KCS, War on Workers
(Source: Transportation Today, September 21, 2018) WASHINGTON, D.C. — A group of lawmakers sent correspondence this week to the Department of Transportation (DOT) in opposition to the Kansas City Southern Railway (KCSR) petition seeking a federal safety and inspection...
September 21, 2018 | AFL-CIO, Headlines, KCS
(Source: Column by AFL-CIO Transportation Trades Department (TTD) President Larry I Willis, September 20, 2018) WASHINGTON, D.C. — There is little disagreement among lawmakers, frontline workers, government agencies, and even rail carriers themselves that freight rail...
September 14, 2018 | CEO Pay, Headlines, KCS
(Source: www.xnewspress.com, September 13, 2018) NEW YORK — Kansas City Southern (KCS) Vice President Suzanne M. Grafton sold 729 shares of the company’s stock in a transaction that occurred on Wednesday, August 29. The shares were sold at an average price of $119.78,...
August 30, 2018 | Headlines, KCS
(Source: MarketWatch, August 29, 2018) NEW YORK — Shares of Kansas City Southern climbed toward a 3 1/2-year high Wednesday after Cowen & Co. analyst Jason Seidl upgraded the railroad operator, saying this week’s trade deal with Mexico removed a “wall of worry.”...
July 30, 2018 | CEO Pay, Headlines, KCS
(Source: Fairfield Current, July 28, 2018) NEW YORK — Kansas City Southern CFO Michael W. Upchurch sold 5,442 shares of the stock in a transaction on Thursday, July 26. The stock was sold at an average price of $116.77, for a total transaction of $635,462.34....
July 24, 2018 | Headlines, KCS, Railroad Security
(Source: Bloomberg, July 24, 2018) MEXICO CITY — Head southeast out of Mexico City for about four hours or so and you will come upon the town of Acultzingo. It is an impoverished, dusty little place nestled up against the rugged peaks of the Sierra Madre. Most...
July 23, 2018 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), July 20, 2018) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record revenues of $682 million, an increase of 4% from second quarter 2017. Overall, carload volumes increased 1% compared to prior year. Second...
June 26, 2018 | CN, Headlines, KCS
(Source: Fort Worth Star-Telegram, June 21, 2018) FORT WORTH, Texas — General Electric’s railroad locomotive plant in Fort Worth is on a roll. Just months after receiving an order for 200 locomotives from Canadian National Railway — a contract that ensures the...
June 13, 2018 | Headlines, KCS
(Source: Caller Times, June 12, 2018) CORPUS CHRISTI, Texas — A new refined products terminal in Corpus Christi will play a key role in delivering goods to Mexico after coming online. Full story: Caller Times
