Profile: Kansas City Southern (KSU_p.N)
22 Jul 2016
Kansas City Southern (KCS), incorporated on January 29, 1962, is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri and several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The Company controls and owns Kansas City Southern de Mexico, S.A. de C.V. (KCSM), which serves Mexico's principal industrial cities and three of its seaports. KCSM has the right to control and operate the southern half of the rail bridge at Laredo, Texas, which spans the Rio Grande River between the United States and Mexico. The Company also controls the northern half of this bridge through its ownership of Mexrail, Inc. (Mexrail). The Company, through Mexrail, owns The Texas Mexican Railway Company (Tex-Mex), which connects the operations of KCSR with KCSM.
KCSM provides rail access to the Port of Lazaro Cardenas on the Pacific Ocean. The KCS coordinated rail network (KCSR, KCSM and Tex-Mex) consists of approximately 6,500 route miles extending from the midwest and southeast portions of the United States south into Mexico and connects with all other Class I railroads, providing shippers with an alternative to other railroad routes and giving direct access to Mexico and the southeast and southwest United States through alternate interchange hubs. The Company's other subsidiaries and affiliates include Meridian Speedway, LLC (MSLLC), a consolidated affiliate that owns the former KCSR rail line between Meridian, Mississippi and Shreveport, Louisiana, which is the portion of the rail line between Dallas, Texas and Meridian known as the Meridian Speedway, and KCSM Servicios, S.A. de C.V. (KCSM Servicios), a consolidated affiliate that provides employee services to KCSM. The Company also operates Panama Canal Railway Company (PCRC), an unconsolidated joint venture company, which is a 47 mile railroad located adjacent to the Panama Canal that provides international container shipping companies with a railway transportation option in lieu of the Panama Canal.
The Company transports various products, such as chemical and petroleum, industrial and consumer products, agriculture and minerals, energy, intermodal and automotive to markets in the midwest, southeast and northeast United States and throughout Mexico through interchanges with other rail carriers. KCS also transports steel coils, plates and pipe from United States-based mini-mills in Mississippi and Alabama to several United States locations and Mexico for oil drilling, appliance and automotive applications. In the United States, KCS's rail lines receive and originate shipments of grain and grain products for delivery to feed mills, food and industrial consumers in the United States and Mexico. KCS hauls unit trains (trains transporting a single commodity from one source to one destination) of coal for approximately nine electric generating plants in the central United States. KCS transports petroleum coke from refineries in the United States to cement companies in Mexico, as well as to vessels for international distribution through the Pabtex export terminal located in Port Arthur, Texas. Under intermodal product category, KCS serves and supports the United States and Mexican markets, as well as cross border traffic between the United States and Mexico. KCS provides rail transportation to the automotive industry supply chain, including automotive manufacturers, assembly plants and distribution centers throughout North America. In addition, KCS transports finished vehicles imported and exported to and from Asia through a distribution facility at the Port of Lazaro Cardenas.
The Company competes with BNSF Railway Company, Union Pacific Railroad Company and Grupo Mexico S.A.B. de C.V.
Kansas City Southern
427 W 12th St
KANSAS CITY MO 64105-1403
Company Web Links
- Kansas City Southern profit rises, helped by cost cutting
- UPDATE 1-Kansas City Southern profit rises, helped by cost cutting
- Kansas City Southern quarterly profit rises
- BRIEF-Kansas City Southern announces registered exchange offers for $2.09 bln of senior notes
- BRIEF-Kansas City Southern prices senior notes