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KSU News and Press, Kansas City Southern From 06/28/21

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Company Name: Kansas City Southern
Stock Symbol: KSU
Market: NYSE
Website: kcsouthern.com

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KSU - Pro-competitive CN-KCS Combination Gains Even More Support from Key Stakeholders

Customers, suppliers, elected officials and other stakeholders sent nearly 200 additional letters underscoring benefits of CN and KCS combination, bringing total to well over 1,650 Congressman Sam Graves (R-MO) along with top elected leaders in Louisiana file letters in suppor...

KSU - Pro-Competitive CNS-KCS Combination Gains Even More Support From Key Stakeholders

Customers, suppliers, elected officials and other stakeholders sent nearly 200 additional letters underscoring benefits of CN and KCS combination, bringing total to well over 1,650 Congressman Sam Graves (R-MO) along with top elected leaders in Louisiana file letters in support ...

KSU - Wide-Moat ETF Rebalance: Facebook, Microsoft Stakes Increased; Financials Trimmed

The VanEck Vectors Morningstar Wide Moat ETF ("MOAT") invests in U.S. companies that possess wide economic moats as per Morningstar's methodology. The latest quarterly reconstitution, in June, saw an increase in the weighting of Facebook and Microsoft, confirming that Morningstar does...

KSU - CN's Open Gateways Commitment in CN-KCS Combination Provides Grain Customers, Including in the Upper Midwestern U.S., the Competitive Access They Want

Pro-competitive open gateways commitment preserves all existing competitive options; gives customers the choice of route Maintains existing routes for agricultural customers in Upper Midwest Provides new, single-line, rail-to-rail competition Former Director of...

KSU - CN's JJ Ruest and KCS' Pat Ottensmeyer Emphasized Supply Chain and Environmental Benefits of Transaction in Op-Ed

Affirmed Commitment to Helping American Business Nearshore Supply Chains and Reduce Carbon Footprint Approval of Proposed Voting Trust Fundamental to Realizing Combination’s Benefits An op-ed co-authored by JJ Ruest, President and Chief Executive Officer of CN...

KSU - Buy Kansas City Southern, Get Canadian National Railway 30% Off

Merger arbitrage offers a way to obtain CNI shares at an attractive cost basis. Timeline, odds of success, and downside risk discussed. Pro forma financials suggest short-term mild EPS dilution for long-term strategic advantage. Deleveraging dependent on synergistic revenue an...

KSU - U.S. rail traffic shows slow sign of improvement for last week

The Association of American Railroads ((AAR)) reports total weekly US rail traffic up 12.5% to 514,112 carloads and intermodal units for the week ending June 19, 2021.Total carloads up 15.1% to 232,144; intermodal volume up 10.4% to 281,968 containers and trailers whe...

KSU - CN-KCS Voting Trust Strongly Supported by International Brotherhood of Boilermakers

MONTREAL and KANSAS CITY, Mo., June 23, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the International Brotherhood of Boilermakers (“IBB”) filed a letter of support for CN’s and KCS...

KSU - CN-KCS Voting Trust Supported by SMART Transportation Division

Three letters from local SMART unions filed with the STB underscore benefits for organized labor of CN-KCS voting trust and pro-competitive combination CN (TSX: CNR) (NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that three local union...

KSU - Former STB Chief Economist, Dr. William Huneke, Believes CN/KCS Combination Will Enhance Competition and That Voting Trust Should Be Approved

CN (TSX: CNR) (NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that Dr. William Huneke, the former Director of the Office of Economics and Chief Economist at the Surface Transportation Board (“STB”) has written an op-ed, which was publ...

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