Profile: Kansas City Southern (KSU_p.N)
5 Mar 2014
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 strategically focused on the growing north/south freight corridor connecting key commercial and industrial markets in the central United States with industrial cities in Mexico. The KCS coordinated rail network (KCSR, KCSM and Tex-Mex) comprises approximately 6,300 route miles extending from the mid west and southeast portions of the United States south into Mexico and connects with all other Class I railroads, providing shippers with an effective 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 principal subsidiaries and affiliates include Meridian Speedway, LLC (MSLLC), a 70% owned consolidated affiliate that owns the former KCSR rail line between Meridian, Mississippi and Shreveport, Louisiana, which is the portion of the KCSR rail line between Dallas, Texas and Meridian known as the Meridian Speedway; Pabtex, Inc., a wholly owned and consolidated owner of a bulk materials handling facility with deep-water access to the Gulf of Mexico at Port Arthur, Texas that stores and transfers petroleum coke from rail cars to ships, primarily for export; Trans-Serve, Inc. (doing business as Superior Tie and Timber), a wholly owned and consolidated operator of a railroad wood-tie treatment facility; TransFin Insurance, Ltd., a wholly owned and consolidated captive insurance company providing property, general liability and certain other insurance coverage to KCS and its subsidiaries and affiliates; KCSM Servicios, S.A. de C.V. (KCSM Servicios), a wholly owned and consolidated provider of employee services to KCSM; Southern Capital Corporation, LLC (Southern Capital), a 50% owned unconsolidated affiliate that leases locomotives and other equipment; Ferrocarril y Terminal del Valle de Mexico, S.A. de C.V. (FTVM), a 25% owned unconsolidated affiliate that provides railroad services as well as ancillary services in the greater Mexico City area; and PTC-220, LLC (PTC-220), a 14% owned unconsolidated affiliate that holds the licenses to blocks of radio spectrum and other assets for the deployment of positive train control.
Panama Canal Railway Company (PCRC), an unconsolidated joint venture company owned equally by KCS and Mi-Jack Products, Inc. (Mi-Jack), 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 competes with BNSF Railway Company and Union Pacific Railroad Company.
Kansas City Southern
427 West 12th Street
KANSAS CITY MO 64105
Company Web Links
- UPDATE 1-Kansas City Southern says crude-by-rail volumes soared in 2013
- MARKET PULSE-Rice Energy, Xerox, Covidien, Kansas City Southern
- Kansas City Southern misses quarterly estimates; shares slump
- Kansas City Southern crude by rail volumes jump in 2013 - EVP
- UPDATE 1-K.C. Southern posts higher results, sees strong year-end