October 30, 2014 | CEO Pay, Headlines, KCS
(Source: Watch List News, October 30, 2014) NEW YORK — Kansas City Southern CEO David L. Starling unloaded 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 28. The stock was sold at an average price of $121.52, for a total...
October 21, 2014 | Headlines, KCS
(Source: Journal of Commerce, October 20, 2014) WASHINGTON, D.C. — According to the Journal of Commerce, Kansas City Southern Railway is expected to invested in its network at a higher rate than most other Class I railroads, as the company expects to increasingly...
October 20, 2014 | Headlines, KCS, Quarterly Income
(Source: Forbes, October 17, 2014) NEW YORK — Despite one of the most optimistic growth forecasts in the industry, uncertainty about the pace of expansion in one of Kansas City Southern’s key business lines – the U.S. chemical industry – caused the railway’s stocks to...
October 20, 2014 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, October 17, 2014) KANSAS CITY, Mo. — Kansas City Southern (KCS) (NYSE:KSU) reported third quarter 2014 revenues of $678 million. Overall, carload volumes were 4% higher than in third quarter 2013. Third quarter revenue...
September 22, 2014 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, September 19, 2014) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its financial results for third quarter 2014 on Friday, October 17, 2014, before the opening of trading on the New York Stock Exchange. KCS will...
September 12, 2014 | Headlines, KCS
(Source: Kansas City Southern press release, September 11, 2014) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today its schedule for the 2014 Holiday Express train. In its 14th annual run, Kansas City Southern’s Holiday Express will stop in 21...
September 12, 2014 | CEO Pay, Headlines, KCS
(Source: Watch List News, September 11, 2014) NEW YORK — Kansas City Southern EVP Warren K. Erdman sold 1,731 shares of the stock in a transaction that occurred on Tuesday, September 9. The stock was sold at an average price of $115.60, for a total value of...
September 5, 2014 | BNSF, Headlines, KCS
(Source: Bloomberg, September 5, 2014) HOUSTON — When Mexico’s auto production began accelerating in the last decade, Warren Buffett’s BNSF Railway Co. lacked an essential element for winning customers: tracks in the right places. Union Pacific Corp. and Kansas City...
August 28, 2014 | Headlines, KCS
(Source: Associated Press, August 26, 2014) MEXICO CITY — A Mexican federal official says the government plans to improve railway surveillance and increase the speed of northbound trains in hopes of deterring Central American migrants from riding on top of freight...
August 21, 2014 | Headlines, KCS
(Source: Sun Herald, August 19, 2014) BILOXI, Miss. — Kansas City Southern Railroad Co. announced Tuesday its intention to increase train speeds on portions of its line in South Mississippi between Gulfport and Hattiesburg. In a release, the company said it plans to...