Railroad News

Kansas City Southern de Mexico to serve new energy terminal in Bajio region

Avant Energy will build a network of terminals to supply refined petroleum products from the Port of Altamira, Tamaulipas, to the Bajio region of north-central Mexico, the company announced last week.

The network will be known as Suministro de Petroliferos Altamira–Bajio, or SUPERA, Avant Energy officials said in a press release.

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KCS logs record revenue on volume growth in 2017

Kansas City Southern today reported record fourth-quarter 2017 revenue of $660 million, up 10 percent from the same period a year ago due to a 5 percent increase in volume.

KCS reported Q4 2017 operating income rose 13 percent to $238 million compared with Q4 2016, KCS officials said in a press release.

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Thorne succeeds Galligan as head of KCS' investor relations

Kansas City Southern has promoted Ashley Thorne from assistant vice president to vice president of investor relations. She succeeds William Galligan, who retired, and reports to KCS Executive VP and Chief Financial Officer Michael Upchurch.

Galligan joined KCS in 1992 and developed the company’s corporate communications and investor relations programs. He became AVP of investor relations for both the railroad and the company’s financial services companies in 1992, and VP of investor relations in 2008.  Prior to joining KCS, Galligan worked for 13 years for a publicly-owned electric utility in Connecticut.
 
"I would like to thank Bill for his outstanding efforts to serve the investment community for 25 years, and always representing KCS as a shareholder-friendly company,” said Upchurch in a press release.

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KCS reports sustainability efforts in 2016

Kansas City Southern yesterday released its 2016 sustainability report, which highlights the company's "commitment to sustainable operations and community engagement."

Titled "For the Long Haul: Delivering Prosperity, Valuing People, Protecting the Planet," the report outlines how the company delivered financial results to its customers and investors; demonstrated a commitment to safety; and took steps to protect the environment.

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KCSM to help transport fuel for new ExxonMobile gas stations in Mexico

Rail News Home Kansas City Southern 12/11/2017 Rail News: Kansas City Southern
image This month, the company is opening eight Mobile-branded service stations in Queretaro, Mexico.Photo – Business Wire

ExxonMobil has partnered with retailer Grupo Orsan to open eight Mobile-branded service stations in Queretaro, Mexico. Fuel will be distributed by rail via two private terminals that are served by Kansas City Southern de Mexico.

The terminals are located in San Luis Potosi and San Jose Iturbide, Mexico.

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