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Kansas City Southern yesterday announced that it reached record daily average grain carloads in November, breaking the high-water mark set just the previous month in October.
The Class I broke its record by providing all-time-low cross-border, grain-shuttle train cycle times, KCS officials said in a press release.
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Norfolk Southern Corp. today announced that Chairman and CEO James Squires plans to retire May 1, 2022, at which time Executive Vice President and Chief Marketing Officer Alan Shaw will become CEO.
As part of the company's planned succession process, the board of directors has elected Shaw to the role of president, effective immediately. The company's executive leadership team now reports to Shaw, NS officials said in a press release.
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