Kansas City Southern de Mexico

Kansas City Southern has named Gary W. Jarboe Vice President Mechanical Operations for Kansas City Southern Railway (KCSR), closely coordinating with the leadership of Kansas City Southern de Mexico, S.A. de C.V. (KCSM). Jarboe, based in Kansas City, reports to Executive Vice President and Chief Operating Officer Dave R. Ebbrecht.

Legislation introduced in late 2013 in Mexico’s House of Deputies to amend certain provisions in the Mexican Regulatory Railroad Service Law could have “a material adverse effect” on Kansas City Southern’s consolidated financial statements if the proposed amendments “are ultimately adopted as introduced,” KSC warns its investors in the company’s 2013 Annual Report.

A Mexican legislator who happens to be a member of the nation’s opposition National Action Party (PAN) has said that the Chinese government is interested in participating in the country’s railroad system, should its structure be drastically altered under a bill now being considered in the Senate (upper chamber) of Mexico’s Congress.