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KCS reports 2Q 2016 results

(Source: Kansas City Southern press release (PDF), July 19, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported second quarter 2016 revenues of $569 million, a decrease of 3% from second quarter 2015. Overall, carload volumes were unchanged compared to second...

KCS to announce 2Q 2016 financial results on July 19

(Source: Kansas City Southern press release, June 22, 2016) KANSAS CITY, MO. — Kansas City Southern (KCS) will release its financial results for second quarter 2016 on Tuesday, July 19, 2016, before the opening of trading on the New York Stock Exchange. KCS will also...

KCS plans infrastructure improvements along Meridian Speedway

(Source: Kansas City Southern press release, June 22, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today that the Meridian Speedway©, LLC (MSLLC), is investing approximately $28 million in 2016 on construction and improvement projects on its Vicksburg...

KCS names Ottensmeyer as President and CEO

(Source: Kansas City Southern press release, May 10, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) today announced that effective July 1, 2016, Patrick J. Ottensmeyer will succeed David L. Starling as the Company’s Chief Executive Officer. Mr. Ottensmeyer will...

KCS elects directors, announces dividends

(Source: Kansas City Southern press release, may 6, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) held its Annual Meeting of Stockholders on May 5, 2016 in Kansas City, Missouri. With 91% of KCS’ outstanding common and preferred stock represented in person or by...

Despite flooding, KCS earnings and stock jump

(Source: Kansas City Star, April 19, 2016) KANSAS CITY, Mo. — Flooding shut down parts of Kansas City Southern’s railway operations for three weeks but did not derail its first quarter earnings. The company posted $107.8 million in profits during the first quarter, or...