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The Association of American Railroads ((AAR)) reports total weekly US rail traffic down 2.1% Y/Y to 518,290 carloads and intermodal units for the week ending Sept. 26, 2020.Intermodal volumes continued the upside with the Y/Y increase of 5.5% to 294,144; However, carloads down 10.5%...
The Association of American Railroads ((AAR)) reports total weekly US rail traffic down 1.3% Y/Y to 521,956 carloads and intermodal units for the week ending Sept. 19, 2020.Total intermodal volume was 295,269, up 6.3%, offsetting the carloads volume decline of 9.6% to 226,687.T...
KSU rebuffed a $23 billion takeover offer from BX and Global Infrastructure Partners. The bid represented a 25% premium above KSU's pre-pandemic share price. With efficiency gains, KSU may be able to perform better standalone. BX may have set a floor for KSU. I rate the stock ...
Kansas City Southern (KCS) (NYSE:KSU) will release its third quarter 2020 financial results on Friday, October 16, 2020, before the opening of trading on the New York Stock Exchange. KCS will also hold its third quarter 2020 earnings conference call on Friday, October 16, 2020 at 8:45 a.m....
The following slide deck was published by Kansas City Southern in conjunction with this Read more ...
The Association of American Railroads (AAR) reports total weekly US rail traffic down 9.9% Y/Y to 474,785 carloads and intermodal units for the week ending Sept. 12, 2020. It comes after the U.S. railroads volume posted a high single-digit improvement in the previous week. ...
Bank of America is positive on Buy-rated Kansas City SOuthern (NYSE: KSU ) after the company turned down the GIP/Blackstone offer yesterday and updated guidance as part of its presentation at the Cowen 2020 Global Transportation & Sustainability Mobility Conference. More news on: K...
Association of American Railroads (AAR) reports total US weekly rail traffic up 8.6% to 509,637 carloads and intermodal units for the week ending September 5, 2020. More news on: Canadian National Railway Company, Canadian Pacific Railway Limited, CSX Corporation Read more ...
Railroad operator, Kansas City Southern ( KSU +0.8% ) has reinstated financial guidance with an upbeat profit outlook, which was previously withdrawn due to COVID-19 impact. More news on: Kansas City Southern, Consumer stocks news, Stocks on the move, , Read more ...
Kansas City Southern (KCS) (NYSE: KSU) announced today that it would celebrate the 20 th anniversary of its KCS Holiday Express program and partnership with The Salvation Army with a fundraiser to benefit the Salvation Army in 20 communities on its U.S. rail network. Due to the pandemic, KCS...
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The yearlong saga by Kansas City Southern (NYSE: KSU) to find a buyer came to an end on Dec. 14, when Canadian Pacific Railway (NYSE: CP) completed its deal to acquire Kansas City stock for $31 billion. But what happens next for the railroads is far from clear, and investors...
Kansas City Southern (KCS) (NYSE: KSU) announced today that the company has been notified that our CDP climate change disclosure, submitted earlier this year, earned a score of A- for 2021. This is an improvement from KCS’ 2020 score and moves KCS to the “Leadership Level&...
Kansas City Southern (NYSE: KSU) (“KCS”) announced that the Company’s stockholders have voted to approve the previously announced combination with Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (“CP”) at today’s virtual Special Meeting of...