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The potential arrival of autonomous trucks will not wipe out the railroad industry, Kansas City Southern’s chief innovation officer says. “You have to assume railroads are not going to sit still,” KCS Executive Vice President Brian Hancock told an investor conference earlier this month. The path to automation is far easier for railroads than trucks, […]
Patrick J. Ottensmeyer, Kansas City Southern CEO TRAINS: David Lassen KANSAS CITY, Mo. — Kansas City Southern reported improved earnings for the fourth quarter as revenue grew despite a slight decline in traffic volume. Much of the financial improvement was due to the railroad’s shift to an operating plan based on Precision Scheduled Railroading, which […]
KANSAS CITY, Mo. — Kansas City Southern says it will require tank cars moving on its Mexican subsidiary to meet safety standards of the U.S. Department of Transportation and Transport Canada. Specifically targeted are Kansas City Southern de Mexico moves of high hazard flammable materials and substances that are toxic when inhaled, KCS officials say. […]
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 […]
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. […]
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 […]
As light fades, a lone ES44AC powers a southbound Kansas City Southern intermodal train of solid JB Hunt containers on the Rosenberg Subdivision at Ganado, Texas, in November 2017. Bill Stephens KANSAS CITY, Mo. — Kansas City Southern has tightened southbound cross-border intermodal schedules — by as much as one or two days in some […]
KCS SD70ACe No. 4052 leads a westbound freight through Alice, Texas, on the Laredo Subdivision in March 2012. Patrick Phelan KANSAS CITY, Mo. – Kansas City Southern has become a faster, more fluid railroad as it rolls out operational changes based on the principles of Precision Scheduled Railroading. “For us, PSR is all about improving […]
KANSAS CITY, Mo. — Kansas City Southern reported record first-quarter revenues on Wednesday despite a 1% decline in volume that was largely due to the impact of Mexican teacher protests that shut down key routes in January and February. When adjusted for one-time items, KCS reported record first-quarter operating income of $242 million as revenue […]
WASHINGTON — The Federal Railroad Administration has denied Kansas City Southern’s request to shift a brake test from the International Railway Bridge in Laredo, Texas, to one of its yards in neighboring Nuevo Laredo, Mexico. For more than a decade, KCS has used an existing FRA waiver to conduct a Class III brake test on […]
KANSAS CITY, Mo. — Kansas City Southern has launched faster and, in most cases, more frequent intermodal service from Mexico to destinations on Norfolk Southern and Canadian National. The service changes, effective today, are part of the railroad’s shift to Precision Scheduled Railroading. “The goal is to consolidate traffic, create more density and, in some […]
Patrick Ottensmeyer, Kansas City Southern CEO TRAINS: David Lassen MIAMI — The teachers’ strike and related protests in Mexico — which blocked Kansas City Southern’s key route between Mexico City and the Port of Lazaro Cardenas for nearly a month — will ding the railroad’s earnings per share by 5 cents in the first quarter. […]
