April 11, 2018 | Headlines, KCS, STB
(Source: Progressive Railroading, April 10, 2018) Kansas City Southern President and Chief Executive Officer Patrick Ottensmeyer has responded to the Surface Transportation Board’s (STB) request for information about Class Is’ service outlooks for 2018....
March 23, 2018 | Headlines, KCS
(Source: Freight Waves, March 21, 2018) NEW YORK — Michael W. Upchurch, the CFO and Executive VP at Kansas City Southern de Mexico, very much had NAFTA on his mind when he addressed the Bank of America Merrill Lynch 2018 Global Industrials Conference in London...
March 9, 2018 | Headlines, KCS
(Source: Progressive Railroading, March 8, 2018) A panel investigating freight-rail competition in Mexico has dismissed a preliminary report by the Mexican Economic Competition Commission (COFECE) that alleged competition was lacking in certain areas of the...
March 2, 2018 | Headlines, KCS
(Source: Kansas City Star opinion column by Chris Gutierrez, February 28, 2018) KANSAS CITY, Mo. — Infrastructure is front and center right now with President Donald Trump unveiling his long-awaited $1.5 trillion plan to fix the nation’s roads, bridges, airports,...
February 27, 2018 | CEO Pay, Headlines, KCS
(Source: Stock News Times, February 26, 2018) NEW YORK — Kansas City Southern CMO Brian D. Hancock sold 2,325 shares of the company’s stock in a transaction on Wednesday, January 31. The shares were sold at an average price of $113.00, for a total transaction of...
February 13, 2018 | Headlines, KCS
(Source: Progressive Railroading, February 2018 issue) Class I and freight-rail industry executives are continuing to raise concerns about the economic turmoil that would occur if renegotiations over the North American Free Trade Agreement (NAFTA) break down and...
January 24, 2018 | Headlines, KCS, Teamsters
(Source: Washington Post, January 23, 2018) WASHINGTON, D.C. — Should we be concerned? Truckers seem to be running out of room. That seems to be the takeaway from this year’s State of the North American Supply Chain study from transportation company Averitt...
January 19, 2018 | Headlines, KCS
(Source: Associated Press, January 18, 2017) MEXICO CITY — A freight car carrying bulk corn derailed early Thursday in the northern suburbs of Mexico City, killing five people as it rolled over and crushed part of a house near the tracks. The victims were apparently...
January 19, 2018 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), January 19, 2017) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record fourth quarter 2017 revenues of $660 million, an increase of 10% from fourth quarter 2016. Overall, carload volumes increased 5% compared...
January 18, 2018 | Headlines, KCS
(Source: Reuters, January 17, 2018) LOMBARD, Ill. — Major U.S. railroads on Wednesday warned President Donald Trump of the potential financial and political consequences of scrapping the North American Free Trade Agreement and urged U.S., Mexican, and Canadian...
