April 19, 2013 | Headlines, KCS
(Source: Kansas City Southern press release (PDF), April 19, 2013) Kansas City, MO, April 19, 2013. Kansas City Southern (KCS) reported first quarter 2013 revenues of $553 million. Overall, carload volumes were 2% higher than in first quarter 2012. First Quarter 2013...
March 14, 2013 | Commuter Rail, Headlines, KCS
(Source: Kansas City Star, March 13, 2013) KANSAS CITY, Mo. — Jackson County’s commuter rail proposal has suddenly stalled out, ending for now County Executive Mike Sanders’ hope of having a sales tax election this year to finance his $650 million, multimodal transit...
February 28, 2013 | Headlines, KCS
(Source: Bloomberg, February 27, 2013) NEW YORK — The Dow Jones Transportation Average (TRAN) surged the most in more than eight months, led by railroad Kansas City Southern, as growing confidence in the U.S. economic recovery strengthens demand for freight shipments....
February 28, 2013 | Headlines, KCS
(Source: Kansas City Star, February 27, 2013) KANSAS CITY, Mo. — Shares in Kansas City Southern Industries Inc. on Wednesday gained more than 6 percent after an analyst with Credit Suisse said the railroad could see strong growth on rising oil shipments amid the shale...
February 26, 2013 | Headlines, KCS
(Source: Kansas City Southern press release, February 22, 2013) KANSAS CITY, Mo. — The KCS operating team is establishing a new Transportation Engineering and Mechanical (TEaM) Training Center in Shreveport, La. to enhance training programs for operating employees....
February 21, 2013 | Headlines, KCS
(Source: Associated Press, February 19, 2013) METAIRIE, La. — Jefferson Parish sheriff’s deputies have arrested a 33-year-old New Orleans man for allegedly tried to steal 250 gallons of diesel fuel from a Kansas City Southern locomotive in Metairie. Full story:...
January 29, 2013 | Headlines, KCS
(Source: Kansas City Southern news release, January 25, 2013) KANSAS CITY, Mo. — Last week, another automotive manufacturer began importing finished vehicles through the Port of Lazaro Cardenas, marking the start of a new series of shipments of various vehicle models...
January 29, 2013 | Headlines, KCS
(Source: Kansas City Southern press release, January 28, 2013) KANSAS CITY, Mo. — Kansas City Southern’s (KCS) Board of Directors on January 28, 2013 declared a regular dividend of $0.215 per share on the outstanding KCS common stock, which is a 10% increase from the...
January 23, 2013 | Headlines, KCS
(Source: Seeking Alpha, January 22, 2013) NEW YORK — A transcript of various Kansas City Southern managers discussing the railroad’s 2012 fourth quarter and 2012 full year financial results is available on the Seeking Alpha website. The earnings call took place...
January 23, 2013 | Headlines, KCS
(Source: Reuters, January 22, 2013) NEW YORK — Kansas City Southern’s quarterly profit beat Wall Street estimates on strong intermodal and automotive volumes, and the U.S. railroad company forecast 2013 revenue growth in the high-single digits. Full story:...