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KCS outperforms expectations, doubles profits

(The following story appeared on The Kansas City Star website on August 1.) KANSAS CITY, Mo. — Kansas City Southern outperformed even the high expectations of analysts, nearly doubling its profits in the second quarter. For the three months that ended June 30, Kansas...

KCS reports record second quarter revenues for the 3 months

(Kansas City Southern issued the following on July 31.) KANSAS CITY, Mo. — Kansas City Southern (KCS) (NYSE:KSU) reported record second quarter revenues of $486.2 million, a 13.8% increase over second quarter 2007. The revenue growth was attributable to a continued...

Big rig hits KCS train; driver survives

(The following appeared on the Shreveport Times website on July 17.) SHREVEPORT, La. — The driver of an 18-wheeler walked away from a crash with a train Wednesday. Jorge Mandro was approaching the Kansas City Southern railroad tracks that parallel state Highway 1...

KCS to release second quarter earnings on July 31

(Kansas City Southern issued the following on July 7.) KANSAS CITY, Mo. — Kansas City Southern (KCS) (NYSE:KSU) will release its financial results for second quarter 2008 on Thursday, July 31, 2008, before the opening of trading on the New York Stock Exchange. KCS...

Mississippi River to reopen fully next week

(Reuters circulated the following story by Lisa Shumaker on July 2.) CHICAGO — The upper Mississippi River is expected to fully reopen no later than July 8 after being closed for nearly a month due to the worst flooding in the U.S. Midwest in 15 years, said U.S. grain...

Ex-KCS chief Shoener gets nearly $2 million severance

(The following appeared on the Kansas City Southern website on July 2.) KANSAS CITY, Mo. — Art Shoener, who recently resigned as Kansas City Southern’s president and chief operating officer, will receive nearly $2 million in total severance benefits, according to a...

Damaged KCS rail line should be operational today

(The following story by Vickie Welborn appeared on the Shreveport Times website on June 24.) ADA, La. — A Kansas City Southern rail line in the Bienville Parish community of Ada should be operational sometime today following overnight repairs related to Monday...

KCS train derails in La. after crash with log truck

(The Associated Press circulated the following on June 23.) TAYLOR, La. — Several Kansas City Southern train cars have derailed and three are on fire after colliding with a log truck in northern Louisiana. Authorities in Bienville Parish say a tractor-trailer pulled...

KCS announces new president

(The following story by Randolph Heaster appeared on The Kansas City Star website on June 10.) KANSAS CITY — Kansas City Southern on Monday announced that David L. Starling is the company’s new president and chief operating officer. Starling, who begins his new role...

KCS names David L. Starling as President and COO

(Kansas City Southern issued the following on June 9.) KANSAS CITY, Mo. — Kansas City Southern (KCS) (NYSE:KSU) today announced the appointment of David L. Starling as its President and Chief Operating Officer, in a move to further strengthen the company’s growing...