Month: February 2011

KANSAS CITY — Kansas City Southern reported fourth quarter 2010 revenues of $479 million reflecting continued improvement in economic conditions in the markets served. Sequentially, revenues recovered from third quarter 2010 which were negatively impacted by service disruptions caused by Hurricane Alex, the railroad said. Revenue growth was experienced across all commodity groups. Automotive revenues were up 41 percent over fourth quarter 2009 as a combination of strong pricing and new cross border vehicle routings benefitted the commodity group. Coal revenues increased 31 percent from a year ago on improved contract pricing which took effect at the beginning of 2010. Intermodal revenues were up 28 percent on a strong

MONTREAL — CN, the Montreal Port Authority (MPA) and the two companies that operate the port’s three key container terminals announced today two level of service agreements (LSAs) that will drive a strong focus on supply chain efficiencies. The two agreements – one signed by CN, the port authority and Montreal Gateway Terminals Partnership (MGT), which operates the CAST and RACINE terminals, and another signed by CN, the port authority and Termont Montreal — complement a framework agreement that CN and the MPA reached in September 2010. Under last fall’s agreement, CN and the port decided to develop a best-practices vision for

WASHINGTON – On May 1, 2011, Amtrak will celebrate 40 years as “America’s Railroads” providing vital intercity and high-speed passenger rail service to the nation and offering a critical transportation choice for both urban and rural communities. Preparations are now underway for several activities to commemorate the occasion, the railroad said.