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Railroads still generating heat at the border

(The following story by John D. Boyd appeared on the Traffic World website on February 2, 2009.) WASHINGTON, D.C. — While the once-hot North American freight economy settles into a deep freeze with its sharpest declines in decades, industry planners still find some...

KCS switches from three operating divisions to two

(The following appeared on the Progressive Railroading website on January 28.) The Kansas City Southern Railway Co.’s (KCSR) operating divisions recently were reorganized from three to two divisions, according to an item posted on the “KCS News” Web site. The new...

KCS train derails in western Mexico, forces evacuation

(The Associated Press circulated the following on January 27, 2009.) MEXICO CITY — A Kansas City Southern freight train has derailed in western Mexico. The company’s Mexico subsidiary says eight cars left the tracks Monday evening as the train rolled into the...

Economy adds to railroads’ seasonal woes

(The following story by Randolph Heaster appeared on The Kansas City Star website on January 19, 2009.) KANSAS CITY, Mo. — Recent volume declines prove the railroad industry is not “recession-proof,” though the numbers have been less than that for trucking. Still,...

KCS rail cars derail in Pittsburg, Kan.

(The following story by Andrew Nash appeared on The Morning Sun website on January 15, 2009.) PITTSBURG, Kan. — Three railcars derailed at about 9:45 a.m. this morning, southeast of Mt. Carmel Regional Medical Center and blocked the tracks on S. Rouse and as far north...

KCS seeks permit to build bridge into Mexico

(The following appeared on the Pacific Shipper website on January 12.) Kansas City Southern filed an application on Dec. 30 at the U.S. State Department for a presidential permit to build a new rail bridge at Laredo, Texas, into Mexico. The railroad already has an...

Fourth straight rise for Kansas City Southern

(The following story by Mark Davis appeared on The Kansas City Star website on January 5.) KANSAS CITY, Mo. — Kansas City Southern posted another gain for stockholders Monday, its fourth consecutive rise and the best price owners have seen since November. Shares rose...

Armed gang holds up KCS train in Mexico, robs freight

(The Associated Press circulated the following story by Gustavo Ruiz on December 27.) MORELIA, Mexico — A gang of about 20 men armed with assault rifles robbed a train in the western Mexican state of Michoacan and carted off some of its freight, the state...

S&P: Downgrade of Kansas City Southern less likely

(The Associated Press circulated the following on December 22.) NEW YORK — Standard & Poor’s Ratings Services said Monday it is less likely to lower its ratings on Kansas City Southern after the railroad operator’s recent $175 million debt issuance....