Kansas City Southern
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Business
Kansas City Southern sees opportunities ahead amid lingering headwinds
Executives are confident about an economic recovery but uncertainty persists over how much volumes will grow in the fourth quarter and into 2021.
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Company earnings
Kansas City Southern’s Q3 net profit grows 5% despite lower revenue
Lower operating expenses drove the increase in third-quarter net income.
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News
Freight railroads monitor Hurricane Delta’s path in Gulf
Although the hurricane isn’t expected to make landfall until later this week, the Class I railroads are preparing now for potential service disruptions.
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American Shipper
Mexican rail blockade continues to affect freight flows
Railway blockades reportedly are costing the Mexican economy more than $18 million a day.
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News
Borderlands: Mexican rail blockade costing millions; Toyota, VW expanding in Mexico
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican train blockade costing millions; Toyota…
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Infrastructure
Real Estate Roundup: Industrial real estate grabs attention of big-time investors
Online sales depend heavily on a robust industrial real estate infrastructure.
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News
US weekly intermodal volumes push higher
U.S. intermodal traffic continues upward trend; separately, Kansas City Southern reportedly rejects takeover bid.
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News
New USMCA trade deal could increase demand for nearshoring in Mexico
CBP’s Virtual Trade Week symposium kicked off Tuesday with a panel on the advantages of United States-Mexico-Canada Agreement.
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News
Investment firms reportedly make new bid for Kansas City Southern
The Wall Street Journal is reporting that U.S. Class I railroad Kansas City Southern is in play again. Blackstone and Global Infrastructure Partners are reported…
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American Shipper
Storm cleanup to cause Louisiana rail shippers some delay
Class I railroad crews will spend the next two days clearing downed trees and restoring electric power along tracks in southern Louisiana.
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