Railroad News

Kansas City Southern honored for board diversity

Rail News Home Kansas City Southern 11/15/2017 Rail News: Kansas City Southern
imageKansas City Southern has been recognized by the Women's Forum of New York for its efforts to diversify the makeup of its corporate board.At an event yesterday, the Class I was honored for achieving at least 25 percent female representation on its corporate board. Twenty-five percent of KCS board members are women, according to a KCS press release.At the forum's 2017 Breakfast of Corporate Champions, KCS was cited as a "corporate game changer" for its efforts."We congratulate KCS and their work towards achieving a greater gender balance in their boardroom," said Janice Reals Ellig, chief executive of The Ellig Group and chair of the Women's Forum of New York. "KCS knows that more women on boards is smart business and their continued success is an inspiration to others." Meanwhile, Latino Leaders magazine's September/October issue recognized three Latino members of the KCS board. The magazine highlighted KCS directors Lu Cordova, Antonio Garza Jr. and David Garza-Santos among 100 Latino directors in its special 2017 Corporate and Board Edition."KCS embraces the tremendous value that comes from the diversity of our board and throughout the company, which is why we are so proud to be recognized by these two organizations," said KCS President and CEO Patrick Ottensmeyer.

Contact Progressive Railroading editorial staff.

More News from 11/15/2017


Copyright

© © Trade Press Media Group, Inc.

Continue reading
597 Hits

KCS de Mexico to serve Savage Cos.'s new petroleum terminal

Rail News Home Kansas City Southern 11/7/2017 Rail News: Kansas City Southern
imageKansas City Southern de Mexico will serve a new petroleum transload terminal that will begin operations in central Mexico on Jan. 1, 2018.A Savage Cos. subsidiary will operate the terminal and has plans to expand it later next year, Savage officials said in a press release.The terminal is located near the city of Queretaro. Initially, it will serve manifest rail volumes, transferring products directly from rail cars to trucks. Once permitting approvals are received, Savage plans to add tank storage and fixed facilities for high-speed unloading, product blending and truck loading.At full buildout, the facility will be capable of handling unit trains."We have a long and prosperous relationship with Savage in the U.S. and we are honored to extend our mutually beneficial endeavors to Mexico, where we believe this terminal will facilitate additional refined product exports from U.S. Gulf Coast refineries in support of Mexico energy reform," Kansas City Southern President and Chief Operating Officer Patrick Ottensmeyer said in the press release.

Contact Progressive Railroading editorial staff.

More News from 11/7/2017


Copyright

© © Trade Press Media Group, Inc.

Continue reading
641 Hits

KCSM to serve new petroleum terminal near Mexico City

Rail News Home Kansas City Southern 10/24/2017 Rail News: Kansas City Southern
imageUSD Group LLC subsidiary Queretaro Energy Terminal (QET) has begun construction of a multimodal transloading terminal for petroleum product distribution in Queretaro, Mexico, the company announced yesterday.The QET will be served by Kansas City Southern de Mexico with access to all North American Class Is, according to a USD Group press release."Our investment in QET provides an attractive opportunity to establish a presence in the growing Mexican market while leveraging our logistics expertise in support of an existing and profitable business," said Steve Magness, vice president, business development for USD Group. "We believe rail will provide timely, flexible and sustainable distribution capabilities necessary to improve access to energy supplies that will help fuel Mexico's economic growth."Queretaro is located less than 150 miles from Mexico City.

Contact Progressive Railroading editorial staff.

More News from 10/24/2017


Copyright

© © Trade Press Media Group, Inc.

Continue reading
621 Hits

KCS posts 'strong' Q3 financial results

Kansas City Southern reported record third-quarter operating income, operating ratio and adjusted earnings per share, company officials announced today.

Operating income for third-quarter 2017 rose 17 percent to $234 million, adjusted earnings per share increased 21 percent to $1.35 and the operating ratio improved 2.5 points to 64.4 percent compared with third-quarter 2016 results, according to a KCS press release.

...

Copyright

© © Trade Press Media Group, Inc.

Continue reading
502 Hits

KCS appoints Howard to lead new health, safety and environmental group

Rail News Home Kansas City Southern 10/18/2017 Rail News: Kansas City Southern
imageKansas City Southern Railway Co. announced yesterday it has consolidated occupational health, workplace and public safety, and environmental functions into a new group within the company's operations.As part of the consolidation, KCS promoted Kayden Howard from associate general counsel to the newly created position of vice president health, safety and environmental. Howard has been with KCS since 2005.KCS also will create a new position of assistant vice president health and safety. The person appointed to that post will lead the team responsible for the ongoing design, implementation and administration of workplace safety and health programs for the company, KCS officials said in a press release.KCS Executive Vice President Jeff Songer said he is confident that Howard "will continue to enhance our overall commitment to safety."Prior to joining KCS, Howard practiced labor and employment law with the firm Shook, Hardy & Bacon, and worked for the U.S. Department of Labor.

Contact Progressive Railroading editorial staff.

More News from 10/18/2017


Copyright

© © Trade Press Media Group, Inc.

Continue reading
724 Hits

Contact Us

VISIT US

35505 Cooper Road
Brookshire, TX 77423
View a Map of Our Location

OUR HOURS

Monday - Friday
8 AM - 5 PM
Saturday - Sunday
CLOSED

TALK TO US

Phone
281.392.4850

CONNECT WITH US