KCS: “Commercial headwinds” reduce volumes in Q3 2021
(Source: Railway Age, October 19, 2021)
NEW YORK — Kansas City Southern (KCS) on Oct. 19 was the first Class I to report third-quarter 2021 earnings. Revenue for the potentially merger-bound railroad — back with original suitor Canadian Pacific (CP) — came in at $744.0 million, growing 13% from the prior-year period ($659.6 million), but volumes fell.
Full story: Railway Age
Tuesday, October 19, 2021
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