Report
Keith Schoonmaker
EUR 100.00 For Business Accounts Only

Kansas City Southern Joins Its Class I Peers in Adopting Precision Scheduled Railroading Principles

Kansas City Southern improved its normalized first-quarter operating ratio a healthy 1.6 percentage points to 64.2% as it grew revenue 6% despite a 1% carload decline. Our key takeaways concern assertive implementation of precision scheduled railroading and healthy top-line conditions even with the carload decline. We expect no major change to our fair value estimate, and our wide moat rating stands. 
Clearly the company has embraced precision scheduled railroading. On its earnings call, managem...
Underlying
Kansas City Southern

Kansas City Southern is a transportation holding company with domestic and international rail operations in North America. The company's subsidiary, The Kansas City Southern Railway Company, is a United States Class I railroad that serves a several region in the midwest and southeast regions of United States and has north/south rail route between Kansas City, MO and several main ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The company's subsidiary, Kansas City Southern de Mexico, S.A. de C.V. operates a main commercial corridor of the Mexican railroad system and has as its main route a direct rail passageway between Mexico City and Laredo, TX.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Keith Schoonmaker

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