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KCS reports first quarter 2015 results

(Source: Kansas City Southern press release (PDF), April 21, 2015) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported first quarter 2015 revenues of $603 million. Overall, carload volumes were 1% higher than in first quarter 2014. HIGHLIGHTS: • Revenue of $603...

KCS to invest $19 million on Beaumont Subdivision

(Source: Progressive Railroading, April 9, 2015) Kansas City Southern Railway Co. (KCSR), the U.S. subsidiary of Kansas City Southern, announced yesterday it will spend $19 million this year to improve infrastructure on its Beaumont Subdivision line between Texas and...

KCS to release 1Q 2015 results on April 21

(Source: Kansas City Southern press release, April 2, 2015) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its financial results for first quarter 2015 on Tuesday, April 21, 2015, before the opening of trading on the New York Stock Exchange. KCS will also...

Railroad stocks take a beating after KCS cuts outlook

(Source: MarketWatch, March 23, 2015) NEW YORK — Railroad stocks took a beating Monday, dragging down the broader transport sector, after Kansas City Southern cut its sales outlook, citing the negative effects of lower oil prices and continued weakness in the Mexican...

Kansas City Southern to invest millions in Laredo projects

(Source: Laredo Morning Times, March 18, 2015) LAREDO, Texas — The Kansas City Southern Railway Company is investing approximately $18 million in construction and improvement projects from Laredo to Corpus Christi. These projects help grow capacity, as well as...

KCS to open Wylie intermodal facility this summer

(Source: Progressive Railroading, March 16, 2015) Kansas City Southern’s construction of a new intermodal terminal in Wylie, Texas, is well underway with concrete poured and two new 5,000-foot intermodal tracks in place, the Class I announced in its March 13...