July 21, 2014 | Headlines, KCS
(Source: Kansas City Star, July 20, 2014) KANSAS CITY, Mo. — For more than a year, the Kansas City Southern railroad has deflected allegations that it is somehow complicit in the violence that happens to the migrants, many of them children traveling alone. Gangs often...
July 21, 2014 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), July 18, 2014) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported second quarter 2014 revenues of $650 million. Overall, carload volumes were 7% higher than in second quarter 2013. Highlights: • Record revenues of...
June 27, 2014 | Headlines, KCS, NS
(Source: Associated Press, June 26, 2014) CHARLOTTE, N.C. — Norfolk Southern has told the Charlotte Area Transit System it won’t share its freight railroad tracks for a proposed commuter train. Full story: www.blueridgenow.com
June 2, 2014 | Headlines, KCS
(Source: Progressive Railroading, May 30, 2014) On May 12, a unique Kansas City Southern unit train rolled through Knoche Yard in Kansas City, Mo., on its way from Toledo, Ohio, to Lázaro Cárdenas, Mexico. The 48-car, 6,960-foot-long train marked the first time that...
May 29, 2014 | Headlines, KCS
(Source: Forbes, May 28, 2014) NEW YORK — The most recent short interest data has been released by the NASDAQ for the 05/15/2014 settlement date, which shows a 337,200 share increase in total short interest for Kansas City Southern, to 3,336,972, an increase of 11.24%...
May 7, 2014 | Headlines, KCS
(Source: Hattiesburg American, May 6, 2014) GULFPORT, Miss. — Kansas City Southern Railway Company is upgrading its tracks and crossings from Gulfport to Hattiesburg. The big winner from the railway’s Gulfport Improvement Project is the Port of Gulfport. Full...
April 17, 2014 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), April 16, 2014) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported first quarter 2014 revenues of $607 million. Overall, carload volumes were 4% higher than in first quarter 2013. First quarter 2014...
April 16, 2014 | Headlines, KCS
(Source: Railway Age, April 15, 2014) NEW YORK — Legislation introduced in late 2013 in Mexico’s House of Deputies to amend certain provisions in the Mexican Regulatory Railroad Service Law could have “a material adverse effect” on Kansas City Southern’s...
April 16, 2014 | Headlines, KCS
(Source: Robbins Geller Rudman & Dowd LLP press release, April 15, 2014) NEW YORK — – Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) today announced that a class action has been commenced in the United States District Court for the Western...
April 10, 2014 | Headlines, KCS
(Source: Associated Press, April 9, 2014) MEXICO CITY — About a dozen Honduran migrants who lost legs and arms after falling from trains during northbound journeys across Mexico asked the country’s Senate on Tuesday to stop the government’s...