January 11, 2016 - Special to TRA
Kansas City Southern (KCS) (NYSE: KSU) announced today that its principal U.S. subsidiary, The Kansas City Southern Railway Company (KCSR), will invest approximately $15 million in 2016 on rail and bridge improvement projects on its Beaumont Subdivision between DeQuincy and DeRidder, La. These projects will help grow capacity, as well as maintain and enhance safety on KCS’ cross-border network.
The work will begin on January 12 and continue through the end of February, replacing 25 miles of rail and making a number of bridge improvements. Communities that KCSR will work through include DeQuincy, Oretta and Singer, La.
“KCS, through its U.S. and Mexican subsidiaries, continues to invest in capital projects to expand network capacity, keep maintenance in a regular and healthy cycle, and enhance the safety of our operation,” said chief executive officer David L. Starling. “These investments also help us be an economic growth partner to our customers and the communities through which we operate.”
In Louisiana, KCSR owns and operates approximately 915 miles of rail infrastructure and serves the river ports of Baton Rouge, Lake Charles and Natchitoches and the Gulf port of New Orleans. KCSR serves several transload facilities in the state. The KCSR network in Louisiana serves as an effective transportation and logistics solution for shippers moving goods throughout North America.
Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is KCSR, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.