KCS to Invest Approximately $5.6 Million in Capacity, Maintenance and Safety of Rail Line through Mississippi

October 12, 2016

Kansas City, Mo., October 12, 2016.  Kansas City Southern (KCS) (NYSE: KSU) announced today that its subsidiary, The Kansas City Southern Railway Company (KCSR), is investing approximately $5.6 million in 2016 on construction and improvement projects on its Louisville Subdivision.   

Cross tie and crossing improvements are planned between Philadelphia and Newton, Miss., starting October 25 through early-November.  Communities that KCSR will be working through include Philadelphia, Neshoba, Union, Decatur, and Newton, Miss.  In total, the project work will include the replacement of 27,000 cross ties, as well as improvements to 26 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