May 1, 2009 | Headlines, KCS
(The Associated Press circulated the following on April 30, 2009.) KANSAS CITY, Mo. — Railroad operator Kansas City Southern on Thursday posted a loss, driven by $11 million in nonrecurring charges, a 15 percent decline in sales volumes and a decline in fuel surcharge...
April 30, 2009 | Headlines, KCS
(Kansas City Southern issued the following on April 30, 2009.) KANSAS CITY, Mo. — Kansas City Southern reported first quarter 2009 revenues of $346.0 million compared with $450.6 million in the first quarter of 2008. Revenues were impacted by a 15% decline in volumes,...
April 29, 2009 | Headlines, KCS
(Kansas City Southern issued the following on April 28, 2009.) KANSAS CITY, Mo. — Kansas City Southern (KCS) (NYSE: KSU) is pleased to announce the addition of intermodal train service to Puerta México, a new multi-modal facility in Toluca, México. Operated by Ports...
April 23, 2009 | Headlines, KCS
(The following story by Pamela Hickman appeared on the Beauregard Daily News website on April 23, 2009. Steve Ezell is a member of BLET Division 612 in Nederland, Texas.) DeRIDDER, La. — Members of the DeRidder and Rosepine Fire Departments recently participated in a...
April 8, 2009 | Headlines, KCS
(The Associated Press circulated the following on April 6, 2009.) NEW YORK — Standard & Poor’s on Monday affirmed regional railroad operator Kansas City Southern’s long-term corporate credit rating. S&P said it affirmed its ‘B’...
April 6, 2009 | Headlines, KCS
(Reuters circulated the following on April 5.) NEW YORK — Hedge-fund managers and other investors may be looking for stocks that have gotten ahead of their rivals in the market’s recent 25 percent gain, Barron’s said. Barron’s said that some market...
March 31, 2009 | Headlines, KCS
(The Associated Press circulated the following story by David Twiddy on March 30, 2009.) KANSAS CITY, Mo. — The chairman and chief executive of Kansas City Southern received compensation valued at $1.4 million in 2008, or 73 percent less than the year before,...
March 26, 2009 | Headlines, KCS
(The following story by John D. Boyd appeared on The Journal of Commerce website on March 24, 2009.) WASHINGTON, D.C. — Kansas City Southern is issuing more debt for its Mexican operations and may issue stock for its U.S.-based company, to boost liquidity as traffic...
March 26, 2009 | Headlines, KCS
(The following story by John D. Boyd appeared on The Journal of Commerce website on March 24, 2009.) WASHINGTON, D.C. — Group cites concern over railroad’s tight liquidity, weakened earnings as traffic drops Standard & Poor’s Ratings Services, a major...
March 24, 2009 | Headlines, KCS
(The Associated Press circulated the following on March 23, 2009.) KANSAS CITY, Mo. — Regional railroad operator Kansas City Southern says it plans to raise up to $275 million through debt and equity sales as the economy hurts traffic along its rail lines. The Kansas...