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53 Posts Found tagged with "kcs"

The Staggers Rail Act at 40 years: It's working!

October 14th, 2020
October 14, 2020 - TRA Editorial - Texas is a powerhouse, even in these unprecedented times that have brought disruption and upheaval, Texas is well-positioned for a robust recovery because of the very advantages—from our workforce to our infrastructure—that have made...

KCS: Thanks but no thanks on takeover bid / no Holiday Express this year

September 11th, 2020
September 11, 2020 - TRA Newswire - $20 billion is apparently too low a number. That's the amount that Global Infrastructure Partners and private-equity firm Blackstone Group apparently offered in a takeover bid for Kansas City Southern Railway (KCS). The private...

Hurrican Laura causes rail woes in TX and LA

August 28th, 2020
August 28, 2020 - TRA Newswire - With winds of 120 miles per hour Hurricane Laura left a trail of destruction through Southern Louisiana and parts of Southeast Texas yesterday, forcing rail rerouting and closures. Shippers were warned to expect some...

Denver-based rail firm acquires Gulf region KCS and UP-served terminals

August 6th, 2020
August 6, 2020 - TRA Newswire - Denver-based Alpenglow Rail, specializing in operating and growing rail businesses, has acquired two major Texas and Louisiana rail facilities from USA Rail Terminals.  The terminals, under the USA Rail banner, are owned by  Jim...

KCS gets Presidential permit to built 2nd rail bridge at Laredo

August 3rd, 2020
August 3, 2020 - TRA Newswire - In a record time of just five months, President Trump signed off on a presidential permit for a second international rail bridge to cross the Rio Grande at Laredo. The president announced approval of...

Developers set to launch KCS rail-served distribution park in El Campo TX

February 23rd, 2020
February 11, 2020 - Houston Chronicle - Stonemont Financial Group is moving forward with the first phase of the Southwest International Gateway Business Park, a 540-acre rail-served industrial park planned in El Campo, 60 miles southwest of Houston. The Atlanta-based developer announced...

Q4 and 2019 revenues up at KCS, down at UP

February 3rd, 2020
January 23, 2020 - TRA Newswire - Kansas City Southern reported strong fourth quarter and full year 2019 results, driven by implementation of Precision Scheduled Railroading (PSR) principles while Union Pacific's revenue numbers fell in both the 4th quarter and for...

CP and KCS Railway part of plan to ship "safer" Canadian oil product

December 9th, 2019
December 9, 2019 - TRA Newswire / NaturalGasIntel.com - Canadian Pacific and KCS Railway will be moving a new crude-oil product from Canada to a terminal to be built at Port Arthur, it was announced this past week. Five Canadian and American...

UP & KCS report 3rd quarter results: some ups and downs

October 18th, 2019
October 18, 2019 - TRA Newswire  - While Union Pacific Railroad (UP) posted a 7% overall decline in revenue for the third quarter of 2019, Kansas City Southern (KCS) did the exact opposite with a record 7% increase in revenue for...

Kansas City Southern RR reports record second quarter revenue / flat volumn

July 28th, 2019
July 25, 2019 - TRA Newswire - Record revenues of $714 million, an increase of 5% from prior year on flat volumes Operating income of $208 million. Record adjusted operating income of $259 million, excluding restructuring charges related to Precision...

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