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KCS updates 2019 sustainability report

Rail News Home Kansas City Southern 7/7/2020 Rail News: Kansas City Southern
image The railroad has updated its 2019 sustainability report entitled "For the Long Haul: Delivering Prosperity, Valuing People, Protecting the Planet."Photo – KCS

Kansas City Southern in late June released an update to its 2019 sustainability report.

Safety statistics shared annually in sustainability reports now will include data from KCS’ Mexican operations, the update states. Titled "For the Long Haul: Delivering Prosperity, Valuing People, Protecting the Planet,” the 2019 report now shows the Class I improved its consolidated reportable train accident frequency ratio by 26 percent and consolidated reportable injury frequency ratio by eight percent.

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KCS to hike train speed near Barksdale Air Force Base

Rail News Home Kansas City Southern 4/6/2020 Rail News: Kansas City Southern
image Kansas City Southern will increase train speed from 20 mph to 49 mph on 1.8 miles of track between Benton Road Overpass and the west gate of Barksdale Air Force Base in Bossier City, Louisiana, by mid-May, the Class I announced late last week. The maximum speed will be raised incrementally, starting with 25 mph on April 12, followed by 30 mph on April 19; 35 mph on April 26; 40 mph on May 3; 45 mph on May 10; and 49 mph on May 17. The train speed increase on the track segment was made possible by the completion of a major track improvement project, KCS officials said in a press release.  

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KCS releases latest sustainability report

Rail News Home Kansas City Southern 10/30/2019 Rail News: Kansas City Southern
image Kansas City Southern yesterday unveiled a report highlighting the Class I's sustainable business practices in 2018.Titled "For the Long Haul: Delivering Prosperity, Valuing People, Protecting the Planet,"  the report illustrates why sustainable practices are important to the company's business, said KCS President and Chief Executive officer Patrick Ottensmeyer in a press release."Responsible business practices are key to KCS' vision, values and culture, and to maintaining strong relationships with our stakeholders," Ottensmeyer said.The report follows the Global Reporting Initiative’s (GRI) latest standards for disclosing governance, economic, social and environmental topics. The GRI standards provide for the disclosure of measurable data and specific information related to sustainability, KCS officials said.According to the report, KCS last year:
• reduced its carbon footprint by reducing waste and energy usage through design and innovations, and decreased greenhouse gas emissions by utilizing fuel-reduction technologies and operational initiatives;
• diversified its workforce and optimized employee experiences via innovative technologies; and
• reduced reportable injuries and made operations more safe and secure, such as by reaching a goal to make all required route miles fully positive train control compliant.The Class I also began to implement precision scheduled railroading (PSR), laying the groundwork for what became in 2019 KCS’ PSR, which is helping the company realize significant efficiency and productivity improvements, the railroad’s officials said.

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KCS posts record Q3 revenue despite flat carload volume

Kansas City Southern logged record third-quarter 2019 revenue of $747.7 million, a 7 percent increase over the same quarter a year ago, the Class I announced today.

The railroad was helped by a 21 percent increase in refined fuel shipments to Mexico, as well as cost-cutting efforts. Overall, carload volumes were flat in the quarter compared with last year, KCS officials said in a press release.

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KCS promotes Flores to VP of auto sales, marketing

Rail News Home Kansas City Southern 9/25/2019 Rail News: Kansas City Southern
image Kansas City Southern announced this week that Rodrigo Flores has been promoted from assistant vice president to vice president of automotive sales and marketing.He will be responsible for the road’s automotive business unit in the United States and will coordinate with the sales and marketing team at Kansas City Southern de Mexico (KCSM). “Rodrigo is a talented sales, marketing and finance professional, who over the past three years has forged strong relationships with KCS’ automotive customers in the U.S. and Mexico,” said Michael Naatz, KCS executive VP and chief marketing officer, in a press release.Flores' experience makes him ideal for his new position "and ensures a smooth transition for customers and the team he leads," Naatz added.Flores joined the predecessor to KCSM in 1997 as a manager in external reporting. In 2000, he joined KCSM’s treasury department as director, where he served until 2006 when he accepted a position as AVP and assistant treasurer at KCS corporate headquarters in Kansas City, Missouri.Flores transitioned from treasury and into sales and marketing as assistant vice president of the automotive business unit where he has served since 2016.In his new role, Flores succeeds Kelley Anderson, who has retired.“We are grateful to Kelley for his leadership and for sharing his transportation expertise with KCS over the past eight years,” Naatz said. “He has had a fantastic 40-year career and we wish him and his family the very best for a long and healthy retirement.”

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Kansas City Southern posts 2019 Holiday Express train schedule

Rail News Home Kansas City Southern 8/21/2019 Rail News: Kansas City Southern
image The six-car festive train will depart Nov. 27 from Shreveport, Louisiana.Photo – Kansas City Southern

It still may be summer, but it's not too early for Kansas City Southern to roll out the 2019 schedule for its 19th annual Holiday Express train.

The six-car festive train will depart Nov. 27 from Shreveport, Louisiana, on this year's tour, which will stop in 20 communities in five U.S. states on 25 dates. The route will end Dec. 22 at Union Station in Kansas City, Missouri.

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Kansas City Southern posts record Q2 results

Kansas City Southern today reported record second-quarter revenue of $714 million, a 5 percent increase on flat volumes compared with the previous year's same quarter.

Year-over-year revenue growth for the quarter was led by a 19 percent increase in chemicals and petroleum shipments, particularly to Mexico, as well as a 5 percent increase in automotive, KCS officials said in a press release.

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Kansas City Southern employs PSR to improve service performance, forge a traffic-growth foothold

The new mantra "service begets growth" was developed by KCS to emphasize the correlation between optimal operational performance and accelerated business generation. Senior execs believe a fluid and resilient railroad is much better positioned to capitalize on traffic-growth opportunities.Photo – Kansas City Southern

By Jeff Stagl, Managing Editor

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BMW opens KCSM-served plant in Mexico

Rail News Home Kansas City Southern 6/13/2019 Rail News: Kansas City Southern
image KCSM operates more than 2,000 miles of track in Mexico, where it expects to serve 14 automotive plants by next year.Photo – Kansas City Southern

BMW Group and Mexican government officials last week marked the opening of the automaker's new plant in San Luis Potosi, Mexico.

To be served by Kansas City Southern de Mexico (KCSM), the more than $1 billion plant is designed to produce up to 175,000 vehicles annually. The facility will be used to produce the BMW 3 Series Sedan, the company's most successful model series, BMW Group officials said in a press release.

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From the editor: Ottensmeyer to receive 2019 Railroad Innovator Award

By Pat Foran, Editor

Progressive Railroading and RailTrends® have named Kansas City Southern President and Chief Executive Officer Patrick Ottensmeyer the 2019 recipient of the Railroad Innovator Award, which recognizes an individual’s outstanding achievement in the rail industry. KCS’s president since 2015 and CEO since 2016, Ottensmeyer has helmed the railroad during a pivotal stretch in its history.

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UP and KCS: A tale of two PSR interpretations — analysis by Tony Hatch

Tony Hatch is an independent transportation analyst and consultant, and a program consultant for Progressive Railroading’s RailTrends® conference.

Last month, two western (well, west of the Mississippi) railroads reported above-consensus first-quarter earnings: Kansas City Southern, which grew year over year (YOY) by 18 percent (adjusted, versus Street estimates of around 10 percent); and Union Pacific Railroad, in its weather-dominated quarter, by 15 percent YOY (versus around 12 percent). KCS lowered its operating ratio by 160 basis points (bps) to (adjusted) 64.2, and UP lowered its OR by a point — having absorbed a 160bps weather impact — to 63.6. It was also noted that “at Union Pacific, we do not include real estate sales in our OR.” Zing! But more than the results — it was the differing tones and tenors of the earnings' webcasts that struck me.

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KCS appoints new leaders of chemical and petroleum, industrial and consumer groups

Kansas City Southern has reorganized its leadership in charge of the chemical, petroleum, industrial and consumer commodity groups, the Class I announced today.

KCS has appointed Ginger Adamiak vice president of energy and chemical products, adding chemical and petroleum in the United States and Mexico to her responsibilities. She previously served as VP energy, industrial development and innovation.

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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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Kansas City Southern's Wochner to retire as SVP, chief legal officer

Kansas City Southern yesterday announced the retirement of W. James Wochner as senior vice president and chief legal officer, effective March 31, 2019.

In addition, Adam Godderz will be promoted from associate general counsel and corporate secretary to general counsel and corporate secretary for KCS and the Kansas City Southern Railway Co. on Jan. 1, 2019, company officials said in a press release.

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Kansas City Southern to kick off Holiday Express tour

Kansas City Southern's 18th annual Holiday Express will distribute a total of $171,756 in gift cards to The Salvation Army at stops along its route starting Nov. 21.

The holiday train will visit 22 communities on 27 dates, starting in Shreveport, Louisiana, and wrapping up Dec. 18 in Kansas City, Missouri. Other stops in other states include Mississippi, Texas, Arkansas, Oklahoma, Kansas and Illinois. A complete schedule is available on the KCS website.

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Kansas City Southern recognized for IT innovation

Kansas City Southern has been recognized as one of the 2018 CIO 100 for exemplifying operational and strategic excellence in information technology (IT).

KCS will be honored at the CIO 100 Symposium & Awards Ceremony to be held Aug. 15 in Rancho Palos Verdes, California. Each year, the IDG's CIO highlights technology innovation and business value delivered by the award winners.

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