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(Source: Freight Waves, January 28, 2022)

CHATTANOOGA, Tenn. — Although refined products volumes to Mexico have been curtailed by a government crackdown on companies seeking to avoid paying taxes, Kansas City Southern still expects growth opportunities for shipping imported refined products into Mexico in the long term, KCS executives told investors Thursday while they were on a fourth-quarter 2021 earnings call earnings call with Canadian Pacific.

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