kansas city southern

Business

Despite Record Revenue, 2018 Kansas City Southern Earnings Fall Short of Expectations

Kansas City Southern Kansas City Southern trains. (Kansas City Southern)

Kansas City Southern, the smallest of the Class 1 railroads in North America, reported record fourth-quarter and full-year 2018 financial results on Jan. 18.

Dan Ronan | Associate News Editor
January 23, 2019
Business, Logistics

Kansas City Southern Sets Revenue Record in Third Quarter

Kansas City Southern engine Luke Sharrett/Bloomberg News

Kansas City Southern on Oct. 19 reported record revenue for the third quarter, buoyed by a 17% increase in chemical and petroleum products and an 8% jump in automotive and intermodal shipments.

Dan Ronan | Associate News Editor
October 24, 2018
Business

Kansas City Southern Posts Record Revenue for 2Q

Kansas City Southern Doug Wertman/Flickr

Kansas City Southern reported net income in the second quarter of $148.7 million, or $1.45 a share, compared with $134.7 million, or $1.27 a share, in the same period a year ago.

Transport Topics
July 23, 2018
Business, TCA

GE Transportation Wins Order for 50 Locomotives for Kansas City Southern

Kansas City Southern Luke Sharrett/Bloomberg News

GE Transportation’s long drought order is starting to seem like a distant memory.

Jim Martin | Erie (Pa.) Times-News
June 25, 2018
Business, Logistics

Kansas City Southern Adds Rail Service Between Port of New Orleans, Dallas

Roy Luck/Flickr

Kansas City Southern will relaunch weekly rail service next month between the Port of New Orleans and metro Dallas, a move that will add more options to customers in the United States and Mexico.

The Advocate (Baton Rouge La.)
April 26, 2018
Business

Kansas City Southern Posts Mixed Results as Earnings Dip, Revenue Rises

Kansas City Southern train Kansas City Southern train (TT File Photo)

Kansas City Southern reported first-quarter net income of $145 million, or $1.40 a share, on revenue of $639 million, a 5% rise from the prior year. In the first quarter of 2017, the railroad reported net income of $147 million, or $1.38 per share.

April 20, 2018
Government, Business

Kansas City Southern Revenue, Profits Rise

Kansas City Southern train TT File Photo

Kansas City Southern announced a significant uptick in profits in the fourth quarter, but similar to virtually all U.S. companies, the final total was bolstered by the savings anticipated from the Tax Cuts and Jobs Act.

Ari Ashe | Staff Reporter
January 19, 2018
Business

Savage Opens New Petroleum Terminal in Mexico

Savage Cos., a logistics provider for the chemical industry, will begin operating a petroleum terminal in central Mexico Jan. 1, working with Kansas City Southern to move the commodities into the United States.

Transport Topics
November 13, 2017
Business

Kansas City Southern Posts Strong 3Q Gains Despite Hurricane Harvey

Kansas City Southern train TT File Photo

Kansas City Southern reported profits rose 7.2% in the third quarter on strength in automotive, energy, intermodal and petrochemical transportation, despite suffering a financial blow of up to $23 million in operating income from Hurricane Harvey.

Ari Ashe | Staff Reporter
October 20, 2017
Business

Kansas City Southern Profits Up Nearly 12%, Continuing Streak of Wins for Rail

Kansas City Southern train Kansas City Southern's profit grew 11.9%

Kansas City Southern continued the red-hot results from railroad freight carriers in the second quarter, with its profit growing 11.9%, slightly beating the consensus analyst forecast.

Ari Ashe | Staff Reporter
July 21, 2017

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