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KCS revises two service metrics

Rail News Home Kansas City Southern 5/1/2019 Rail News: Kansas City Southern
image As part of the railroad's precision scheduled railroading transition, Kansas City Southern has revised the definitions of two service metrics it uses to measure operating performance, KCS officials announced on Monday. "Operational Cars Online" (formerly "Cars Online”) is a metric representing the number of rail cars on the KCS network that are not at a customer’s location. "Gross Velocity (formerly "Train Speed") is a metric measuring the average velocity of a train between its origin and destination, calculated as the sum of the miles traveled divided by the sum of total transit hours.  Transit hours are measured by calculating the difference between a train's origin departure and destination arrival date and times broken down by segment across the train route. This metric includes all time spent at intermediate locations between a train origin and destination, including all crew changes, terminal dwells, delays and incidents. “These revised metrics will give stakeholders a more accurate understanding of [our] operational performance as we strive to improve customer service,” KCS Executive Vice President of Precision Scheduled Railroading Sameh Fahmy said in a prepared statement.  

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KCS posts 'strong' Q1 results

Kansas City Southern today reported record first-quarter revenue of $675 million, up 6 percent from the prior year on a 1 percent decline in volume.

KCS attributed an overall decline in carload volumes primarily to service interruptions at Lazaro Cardenas in Mexico that were caused by teacher protests, company officials said in a press release.

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KCS to use crew management software for U.S. operations

Rail News Home Kansas City Southern 3/27/2019 Rail News: Kansas City Southern
imageKansas City Southern will expand its deployment of the CloudMoyo crew management (CCM) software solution to its U.S. operations, the Class I announced yesterday.The software is already in place at KCS' Mexico operations. The next generation global CCM is designed to leverage the scale of the Microsoft Azure Cloud platform, harness the power of advanced analytics, and use artificial intelligence and machine learning technologies to optimize crew assignments and reduce dwell time for trains and crew, according to a KCS press release.“KCS’ vision is to consistently be the fastest-growing, best-performing, most customer-focused transportation provider in North America. The planned expansion of the CCM solution from Mexico to the U.S. supports this growth vision while delivering a seamless user experience,” said KCS Executive Vice President and Chief Innovation Officer Brian Hancock.KCS officials anticipate the CCM solution will help the railroad bypass lengthy deployment schedules, they said. It will enable KCS crews in the United States and Mexico to work more effectively and securely across geographical locations, while still being flexible to operate independently on regional basis, they added.

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KCS issues statement on Mexican competition panel's rail-service report

Rail News Home Kansas City Southern 3/25/2019 Rail News: Kansas City Southern
imageThe Mexican Federal Competition Commission (COFECE) has issued a preliminary report that assesses freight-rail service for certain chemical and petrochemical products shipped on certain routes in the Mexican state of Veracruz, Kansas City Southern confirmed late last week.The preliminary report is limited to 31 routes with each route tied to a specific product. Kansas City Southern de Mexico (KCSM) serves limited portions of seven of the routes. Last year, KCS' revenue associated with those routes amounted to less than $3 million, company officials said in a press release.The report's issuance has no impact on KCSM's current business, operations or rights under the concession.KCSM officials plan to file a challenge to the preliminary report. If the COFECE panel confirms a "lack of effective competition" on any of the routes identified in the report, then Mexico's Railway Regulatory Agency would initiate remedies that could include mandatory trackage rights, service conditions and rates, KCS officials said.

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KCS: Financial records in 2018, PSR in 2019

Today, Kansas City Southern reported record fourth-quarter revenue of $694 million, up 5 percent compared with the total in fourth-quarter 2017.

The Class I also registered record adjusted operating income of $248 million, up 4 percent, and record adjusted earnings per share of $1.56, up 13 percent  year over year. In addition, KCS’ operating ratio improved 0.9 points to 63.1, although the adjusted ratio inched up 0.3 points to 64.3.

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