Kansas City Southern today reported record revenue of $731.7 million for the first quarter, an 8 percent increase from first-quarter 2019. Overall carload volume rose 4 percent compared to the same period a year ago.
KCS officials said the Q1 revenue growth was led primarily by an 18 percent increase in its chemicals and petroleum business, which was boosted by higher refined fuel products and liquid petroleum gas shipments to Mexico.
Copyright
© © TradePress Media Group, Inc.