KCS, Bulkmatic to launch Mexico refined energy products terminal

Kansas City Southern (KCS) and Bulkmatic Transport Company (Bulkmatic)—the former once again reaffirming the importance of the North American Free Trade Agreement (NAFTA)—intend to form a 50/50 joint venture to “facilitate and expand the exportation of liquid fuels from the U.S. to Mexico.” The project will include construction of a unit train liquid fuels terminal located in Salinas Victoria near Monterrey, Nuevo Leon, and served by Kansas City Southern de Mexico, S.A. de C.V. (KCSM).

Intermodal up 5.1% in AAR weekly carloads

Total U.S. weekly rail traffic was 548,790 carloads and intermodal units for the week ending August 12, up 2.75% compared with the same week in 2016.

Q2 revenue mark for Kansas City Southern

Kansas City Southern reported record second quarter 2017 revenues of $656 million, up 15% on-year, as carloads increased 6%.

KCS ups track speeds after Louisiana rehab

Kansas City Southern Railway Co. will begin increasing track speed on June 4 from 25 to 49 miles per hour along a stretch of line in Louisiana.

KCS upgrading in five states

Kansas City Southern Railway Co. is investing approximately $24.6 million in 2017 on construction and improvement projects on its Pittsburg, Heavener and Shreveport Subdivisions.

KCS sets 2017 capex program

Kansas City Southern will invest $550 million to $560 million in 2017 capital, a 4% to 5% percent reduction from its $584 million 2016 capex program.

BNSF and KCS cross-border with intermodal

BNSF Railway Company (BNSF) and Kansas City Southern (KCS) announced on Nov. 16 a new joint service to offer intermodal transportation connecting the Chicago and Dallas/Fort Worth markets and other major markets on the BNSF network with consumer and industrial regions on the Kansas City Southern de México network.

KCS dedicates intermodal terminal to Starling

David L. Starling, who recently retired as President and CEO of Kansas City Southern, now has an intermodal terminal named after him.

KCS announces Holiday Express results

Kansas City Southern (KCS) announced that its 16th annual Holiday Express will distribute a total of $153,290 in gift cards to The Salvation Army at stops along the Holiday Express route. The gift cards are designated for the purchase of warm clothing and other necessities for kids in need.

For KCS, a challenging third quarter

Kansas City Southern (KCS) reported third-quarter 2016 revenues of $605 million, a decrease of 4% from third-quarter 2015, in what management is describing as a very challenging period.

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