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Kansas City Southern

KCS Board of Directors Announce the Election of Henry R. Davis

KANSAS CITY, Mo. — Kansas City Southern said that Henry R. Davis of Mexico City, D.F., was elected as a member of the company’s board of directors by a unanimous vote of the current KCS board members at a meeting held Feb. 28 at the company’s headquarters in Kansas City, Mo. Davis was elected to fill a vacancy created by the resignation from the board of Arthur L. Shoener, KCS’ president and chief operating officer, who resigned in order to allow the company to increase the number of independent directors on its board without increasing the size of the board.

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Kansas City Southern

Fitch Upgrades Kansas City Southern de Mexico to ‘BB-‘

NEW YORK — Fitch Ratings has upgraded the foreign and local currency Issuer Default Ratings (IDRs) of Kansas City Southern de Mexico, S.A. de C.V. (KCSM) to ‘BB-‘from ‘B+’. The Rating Outlook is Stable. Fitch has also upgraded to ‘BB-‘ from ‘B+’ the following senior unsecured obligations of KCSM: –US$165 million 7.375% senior notes due 2014: –US$460 million 9.375% senior notes due 2012; –US$175 million 7.625% senior notes due 2013. These rating actions reflect KCSM’s improving operating profile, increased financial flexibility and stronger liquidity over the past two years. Operating EBITDAR, defined as operating EBITDA plus KCSM’s locomotive and railcar

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Kansas City Southern

Revenue Growth, Operating Ratio Improvement and Record Operating Income Highlight Kansas City Southern’s Fourth Quarter and Full-Year 2007 Earnings

KANSAS CITY, Mo. — Kansas City Southern reported record fourth quarter 2007 revenues of $460.3 million, a 4.0 percent increase over the corresponding 2006 period. Revenue growth was primarily the result of a continued strong pricing environment as well as volume growth in some key commodity segments, the railroad said. For the quarter, new business was a significant contributor to a 12.0 percent revenue increase in chemical & petroleum. Led by increased volumes in Mexico, intermodal revenues grew by 11.6 percent. Also reflecting a strengthening Mexican base, automotive revenues grew by 6.2 percent. Coal revenues improved by 2.4 percent over

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BNSF

U.S. Class I Railroads Dominate Top 25 in List of Military-Friendly Employers

WASHINGTON — America’s freight rail industry dominated the fifth annual America’s Top 50 “Military Friendly-Employers” list published by G.I. Jobs, the nation’s premier career guide for military job-seekers. The magazine named four Class I freight railroads in the top half of the most military-friendly employers for 2007, selecting BNSF Railway as the No. 1 employer of military personnel. Also making the list were Union Pacific, CSX Transportation and Norfolk Southern. “The nation’s freight railroads maintain a strong commitment to the men and women who serve our country,” said Edward R. Hamberger, president and CEO of the Association of American Railroads.

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Kansas City Southern

Union Pacific and Norfolk Southern Offer On-Time or Free Service Guarantee on New Coast-To-Coast Westbound Intermodal Service through Shreveport

OMAHA, Neb. – Union Pacific and Norfolk Southern Railway have announced new westbound intermodal train service that will shorten by a day the trip for standard intermodal freight from the Southeast to Los Angeles. The eastbound service was launched in May 2007. The new coast-to-coast service is part of the railroads’ commitment to improve capacity, service quality and speed by shifting domestic traffic to a new, shorter route over the Shreveport, La., gateway. This shift began with the completion of the first phase of improvements on the Meridian Speedway – NS and Kansas City Southern’s joint venture corridor between Meridian,