(Source: Freight Waves, June 23, 2020)
CHATTANOOGA, Tenn. — Kansas City Southern is bracing for lower revenues in the second quarter amid sharply lower rail volumes due to the coronavirus pandemic. The railroad estimates that second-quarter revenue could be $550 million, according to a Tuesday filing to the U.S. Securities and Exchange Commission (SEC). Revenue in the same quarter of 2019 was $731.7 million.
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