Kansas City Southern Positioned to Improve Its Operating Ratio on Par With Larger Class 1 Railroads
Kansas City Southern grew fourth-quarter sales 5% on flat volume and generated an operating ratio of 63.1%, or 64.3% after eliminating nonrecurring insurance recoveries. This pales a bit versus the prior-year’s 64.0% and management attributes the lack of progress to network congestion, particularly around the Mexico-U.S. border. The rail increased quarterly normalized EPS by 13%. On an annual basis, the firm grew revenue 5% on 2% carload improvement and maintained a 64.3% adjusted OR to increase...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.
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