May 16, 2017
Kansas City, Mo., May 16, 2017. Kansas City Southern (KCS) (NYSE: KSU) announced today that its subsidiary, The Kansas City Southern Railway Company (KCSR), is investing approximately $24.6 million in 2017 on construction and improvement projects on its Pittsburg, Heavener and Shreveport Subdivisions.
Rail, cross tie and crossing improvements are planned between Neosho, Mo. and Blanchard, La. The work is expected to begin May 30 and continue through late August. Communities that KCSR will work through include Neosho, Anderson, Elk Springs and Noel, Mo.; Watts and Westville, Okla.; Sulphur Springs, Decatur, De Queen, Horatio, Winthrop, Wilton and Ashdown, Ark.; Texarkana and Bloomburg, Texas; and Rodessa, Vivian, Oil City, Mooringsport and Blanchard, La. In total, the project will include the replacement of approximately 7.7 miles of rail and approximately 90,000 cross ties, as well as improvements to over 130 road crossings.
“KCS, through its U.S. and Mexican subsidiaries, continues to invest in capital projects to expand network capacity, keep maintenance in a regular and healthy cycle, and enhance the safety of our operation,” said president and chief executive officer Patrick J. Ottensmeyer. “These investments also help us be an economic growth partner to our customers and the communities through which we operate.”
KCS offers seamless transportation throughout North America and beyond with service to intermodal ramps, ports and transload centers and through strategic partnerships with all Class I railroads and many short line railroads. To learn more, visit http://www.kcsouthern.com/en-us/why-choose-kcs
Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is KCSR, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.
Contact: C. Doniele Carlson, 816-983-1372