CALGARY ––Flags across the Canadian Pacific Kansas City transnational railroad network are flying at half-mast in honor of Patrick J. Ottensmeyer, who served as final President and CEO of Kansas City Southern from 2015 until April 14, 2023, upon completion of the Canadian Pacific-KCS combination that created CPKC. Ottensmeyer died July 28. He was 67.
Kansas City Southern will soon begin a construction project that will double the amount of freight trains moving in and out of Mexico.
The National Transportation Safety Board has released its final report on the death of a KCS conductor on December 23, 2020.
As Russian attacks on Ukraine become more intense, and the humanitarian crisis grows, Kansas City Southern has joined Canadian Pacific and Wabtec in donating to relief efforts.
Hurricane Ida is stretching a shipping industry that is already paper-thin.
MidRail LLC Chairman Gil Lamphere offers his views on the competition between Canadian Pacific and CN to acquire Kansas City Southern, discussing the details of voting trusts and the role of the Surface Transportation Board, and other railroad merger-related issues, with Railway Age Editor-in-Chief William C. Vantuono.
Canadian Pacific President and CEO Keith Creel, Executive Vice President Operations Mark Redd and Executive Vice President and Chief Marketing Officer John Brooks discuss CP’s proposed merger with Kansas City Southern with Railway Age Editor-in-Chief William C. Vantuono. Podcast Sponsored by TrinityRail.
Although it’s a different company and a short line now, the grand old name of the Chicago Rock Island and Pacific Railroad is associated with news headlines.
Early on March 21, the big announcement came: Canadian Pacific Railway will acquire Kansas City Southern in a cash and stock transaction worth $29 billion in U.S. dollars.
Kansas City Southern (KCS) (NYSE:KSU) reported strong fourth quarter and full year 2020 results, despite significant operating and economic challenges. Fourth Quarter 2020 Fourth quarter revenues were $693.4 million, a decrease of
Brightline West high-speed rail construction expected to start soon, but work can still be scratched Train derails in Texas; railcars spill onto street Maryland lawmakers’ concerns about fate of Purple Line project
A Kansas City Southern train derailed near the Texas-Louisiana border on Oct. 29, causing schools to be evacuated and motorists to flee to safety as the railcars spilled in front of them.
While the pandemic has certainly impacted rail revenues in 2020, including in the third quarter, no one really knew what to expect from the Q3 2020 earnings reports. Kansas City Southern released
The New Orleans & Gulf Coast Railway is going to use money from the U.S. DOT’s Consolidated Rail Infrastructure and Safety Improvement Grant (CRISI) for safety upgrades and rehabilitation. The short-liner received
It’s that time of year when U.S. residents and companies on the Eastern and Gulf coasts keep a wary eye on the skies and spend time mentally and physically preparing for the
Two private equity firms are considering a takeover bid for Kansas City Southern, according to a report based on information from anonymous sources in the Wall Street Journal posted late afternoon on
About five months ago, Kansas City Southern applied to the White House for a second international railroad bridge to cross from Laredo, Texas into Mexico to improve traffic flow between the two
Kansas City Southern reported today that Q2 2020 revenues were $547.9 million, representing a 23% drop in revenues compared to Q2 2019. In addition, carload volumes were down 21% compared to the
An overpass in Shreveport, La., was left in critical condition following an April 24 train derailment when several railcars left the tracks. Two of the three steel support columns on the 83-year-old
Kansas City Southern reported record revenues of $731.7 million, an increase of 8% from first quarter 2019. Overall, carload volumes were up 4% compared to prior year. First Quarter 2020 First quarter
