Railroad News

KCS reports record revenue despite a 'challenging' Q3

Kansas City Southern today reported record revenue of $699 million for the third quarter, a 6 percent increase over the same period in 2017.

Third-quarter net income rose to $174 million, or $1.70 per diluted share, from $129 million, or $1.23 per diluted share, a year ago.

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KCS, customs and border officials advance Secure Corridor strategy

KCS President and CEO Patrick Ottensmeyer (fourth from the right) helped open a secondary exam station in Laredo Aug. 10.Photo – Kansas City Southern

By Jeff Stagl, Managing Editor

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KCS appoints Hancock, Naatz to exec management posts

Kansas City Southern has named Brian Hancock executive vice president and chief innovation officer, and Michael Naatz, EVP and chief marketing officer effective Oct. 1.

Hancock and Naatz will continue to report to President and Chief Executive Officer Patrick Ottensmeyer, according to a KCS press release.

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Kansas City Southern unveils 2017 sustainability report

Rail News Home Kansas City Southern 9/6/2018 Rail News: Kansas City Southern
image The sustainability report highlights how the company implements "responsible business practices."Photo – kcsouthern.com

Kansas City Southern has published its 2017 sustainability report, which highlights how the company implements "responsible business practices."

The report follows the Global Reporting Initiative's latest standards for disclosing governance, economic, social and environmental topics. The standards provide for the disclosure of measurable data and specific information related to sustainability.

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KCS, feds open new examination station at Laredo rail yard

Kansas City Southern and U.S. Customs and Border Protection (CPB) officials last week hosted a ceremony to mark the completion of the Secondary Examination Station at the KCS Laredo rail yard in Texas.

The new building, located along KCS rail operations, provides Customs and Border Patrol employees with a safe and secure area to conduct secondary rail examinations, KCS officials said in a press release.

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