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Kansas City Southern: The little railroad that could

(The following story by Randolph Heaster appeared on The Kansas City Star website on July 19, 2010.) KANSAS CITY, Mo. — In 1995 when railroad veteran Michael Haverty joined Kansas City Southern Railway as chief executive, the carrier seemed to be chugging into a long,...

KCSM needs more time to repair hurricane-damaged bridge

(The following appeared on the Progressive Railroading website on July 14, 2010.) Yesterday, Kansas City Southern announced it will take longer than expected to restore the Kansas City Southern de México S.A. de C.V.’s (KCSM) service over the Anahuac Bridge on a line...

KCS declares quarterly preferred dividend

(Kansas City Southern issued the following on July 14, 2010.) KANSAS CITY, Mo. — The Executive Committee of Kansas City Southern’s Board of Directors declared a regular quarterly cash dividend of $12.8125 per share on the outstanding KCS 5.125% Cumulative Convertible...

KCS announces second quarter 2010 earnings release

(Kansas City Southern issued the following on July 12, 2010.) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced it will release its financial results for second quarter 2010 on Tuesday, July 27, before the opening of trading on the New York Stock Exchange. KCS...

Floods close Mexican rail lines, disrupting chemical traffic

(The following story by James Young appeared at ICIS.com on July 8, 2010.) MEXICO CITY — Rain from a tropical depression compounded earlier flooding in northern Mexico caused by Hurricane Alex, closing rail lines and disrupting chemical traffic, officials said on...

Louisiana police ticket KCS conductor

(The following story by Vickie Welborn appeared on the Shreveport Times website on June 29, 2010.) MANSFIELD, La. — Mansfield police today issued a ticket to Kansas City Southern for blocking the city’s main railroad crossing for an extended period. The KCS train...