KCS posts record revenue in Q3 2019 despite flat carload volume
(Source: Progressive Railroading, October 18, 2019)
Kansas City Southern logged record third-quarter 2019 revenue of $747.7 million, a 7 percent increase over the same quarter a year ago, the Class I announced today. The railroad was helped by a 21 percent increase in refined fuel shipments to Mexico, as well as cost-cutting efforts. Overall, carload volumes were flat in the quarter compared with last year, KCS officials said in a press release.
Full story: Progressive Railroading
Monday, October 21, 2019
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