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Rail Industry News

KCS declares quarterly dividend

(Source: Kansas City Southern press release, November 12, 2015) KANSAS CITY, Mo. — Kansas City Southern’s (KCS) Board of Directors on November 11, 2015 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The...

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BNSF evaluating drones in New Mexico

(Source: Railway Age, November 13, 2015) NEW YORK — BNSF has tested a UAS (unmanned aerial system, better-known as a drone) supplied by Boeing Co. subsidiary Insitu Inc. in east-central New Mexico, on approximately 132 miles of main line track. Full story: Railway...

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