MORELIA, Mexico – Student protests have again shut down Kansas City Southern de Mexico service to the major Pacific coast port of Lázaro Cárdenas. KCSM suffered a similar disruption of service to the port in the state of Michoacán last week. [See “Protests disrupt service on KCS in Mexico,” Trains News Wire, Oct. 25, 2019.] […]
Railroad: Kansas City Southern
Protests disrupt service on KCS in Mexico NEWSWIRE
MORELIA, Mexico – Kansas City Southern de Mexico has shut down service in the Caltzontzin District just north of Morelia in the state of Michoacán as a result of student protests. “This mainline interruption has impacted service to and from the Port of Lázaro Cárdenas and has the potential to impact traffic throughout the KCSM […]
KCS posts record quarterly profits, revenue despite flat traffic volume NEWSWIRE
KANSAS CITY, Mo. – Kansas City Southern’s revenue, profits, and earnings grew to record levels in the third quarter despite flat overall traffic volume, the railroad reported on Friday. Operating income rose 6%, to $282 million, as revenue grew 7%, to $747.7 million. Earnings per share, adjusted for the impact of one-time items, was up […]
KCS promotes Austin to VP, revenue and yield management NEWSWIRE
KANSAS CITY, Mo. — Kansas City Southern has promoted Anastasia Austin to vice president, revenue and yield management. Since 2017, Austin had served as assistant vice president, revenue and yield management. She joined the company in 2008 and has held a variety of accounting, financial, and operational support roles. She holds a master of business […]
NS seeks temporary trackage rights in Missouri after bridge washed out NEWSWIRE
WASHINGTON — A Missouri bridge outage has prompted Norfolk Southern to seek temporary trackage rights on a parallel Kansas City Southern line. On Wednesday, NS filed a request with the Surface Transportation Board for “expedited” granting of access to the KCS line between Kansas City, Mo., and Mexico, Mo. The filing is the result of […]
KCS line to Mexico City still out of service after sabotage, fire, and theft NEWSWIRE
KANSAS CITY, Mo. — Kansas City Southern’s Mexican subsidiary remains shut down about 80 miles northwest of Mexico City following a fiery collision last week caused by theft-related sabotage. All Kansas City Southern de Mexico service to and from the Mexico City-area remains suspended, KCS officials say. Vandals reportedly blocked tracks in Nopala in the […]
Texas traffic for Union Pacific, Kansas City Southern, stalls in face of flooding along Gulf Coast NEWSWIRE
Kansas City Southern lines affected by flooding Kansas City Southern BEAUMONT, Texas — Heavy rains and flash floods interrupted Gulf Coast operations of Union Pacific and Kansas City Southern along the Texas coast line. With more than 10 inches of rain as Tropical Storm Imelda stalled Wednesday over the Beaumont area, Union Pacific officials predicted […]
Will new PSR railroads follow Canadian National’s intermodal growth path? NEWSWIRE
LONG BEACH, Calif. — The impact of scheduled railroading on Canadian National’s intermodal network 15 years ago may show the path CSX Transportation, Kansas City Southern, Norfolk Southern, and Union Pacific will follow as they embrace the operating model of the late E. Hunter Harrison. CN slashed low-margin services, shut terminals, and shed volume while […]
Protesters block KCS de Mexico mainline in Mexico NEWSWIRE
KANSAS CITY, Mo. — Kansas City Southern de Mexico’s mainline north of Morelia in the Mexican state of Michoacán was reported blocked Wednesday by civil protests, according to KCS officials. The stoppage is “completely unrelated to our company, impeding our ability to continue without risks to the protesters,” railroad officials say. Michoacán has been the […]
PSR helps Kansas City Southern boost grain volume to Mexico NEWSWIRE
BOSTON — Kansas City Southern’s performance metrics continue to improve amid its shift to Precision Scheduled Railroading. Train speeds improved 12%, terminal dwell improved 11%, and the number of miles freight cars traveled per day increased 9% in August compared to a year ago, Chief Marketing Officer Mike Naatz told an investor conference on Wednesday. […]
KCS announces Holiday Train schedule NEWSWIRE
KANSAS CITY, Mo. — Kansas City Southern announced today its schedule for the 19th annual Holiday Express train, which will stop in 20 communities in five U.S. states on 25 dates. Visitors can board the train, meet Santa and his elves and tour the inside of three cars of the festive six-car train. Each event […]
Kansas City Southern reports record results but lowers volume outlook NEWSWIRE
KANSAS CITY, Mo. — Kansas City Southern reported record second quarter financial results today but reduced its volume outlook for the year and said it would trim capital spending as Precision Scheduled Railroading was freeing up capacity on its network. The railroad’s adjusted operating income rose 5%, to $259 million, as revenue rose 5%, to […]