March 3, 2015 | Headlines, KCS, Oil Train
(Source: McClatchy News Service, March 2, 2015) WASHINGTON, D.C. — The Texas Department of Public Safety has released information about crude oil trains crossing the state, following the dismissal of one railroad’s arguments that they be kept confidential. Full story:...
March 3, 2015 | CEO Pay, Headlines, KCS
(Source: WKRB, March 2, 2015) NEW YORK — Kansas City Southern Director Michael R. Haverty sold 80,973 shares of the stock in a transaction dated Friday, February 27. The shares were sold at an average price of $116.39, for a total transaction of $9,424,447.47....
February 26, 2015 | CEO Pay, Headlines, KCS
(Source: Dakota Financial News, February 26, 2015) NEW YORK — Kansas City Southern EVP Warren K. Erdman sold 4,200 shares of Kansas City Southern stock on the open market in a transaction that occurred on Tuesday, February 24. The shares were sold at an average price...
February 23, 2015 | Headlines, KCS
(Source: Kansas City Southern press release, February 20, 2015) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today that as part of its succession planning process, Patrick J. Ottensmeyer has been appointed president, effective March 1, 2015. He will...
February 18, 2015 | Headlines, KCS, Technology
(Source: Kansas City Southern press release, February 13, 2015) KANSAS CITY, Mo. — In the U.S. and Mexico, fuel is one of KCS’ highest expenses. For some time, there has been a concerted effort to improve fuel efficiency when a train is stopped by shutting locomotive...
February 3, 2015 | Headlines, KCS, Technology
(Source: Progressive Railroading, February 2, 2015) Since 2008, Kansas City Southern Railway Co.’s (KCSR) Signal Group has posted progress with positive train control (PTC) implementation duties. The group worked with suppliers to design various signal location...
February 2, 2015 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, January 29, 2015) KANSAS CITY, Mo. — Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on January 29, 2015 declared a regular dividend of $0.33 per share on the outstanding KCS common stock, which is an...
January 26, 2015 | Headlines, KCS, Quarterly Income
(Source: Reuters, January 23, 2015) NEW YORK — Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S....
January 23, 2015 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, January 23, 2015) KANSAS CITY, Mo. — Kansas City Southern (KCS) (NYSE:KSU) reported record fourth quarter 2014 revenues of $643 million. Overall, carload volumes were 5% higher than in fourth quarter 2013. Fourth Quarter...
January 13, 2015 | Headlines, KCS
(Source: Progressive Railroading, January 12, 2015) Last week, employees began to receive training on PTC track and wayside data management at KCSR’s TEaM Training Center in Shreveport, La. About 160 workers were trained and another group will begin training...
