February 07, 2019
Kansas City, Mo., February 7, 2019. Kansas City Southern (KCS) (NYSE:KSU) today announced the appointment of Sameh Fahmy to the position of executive vice president precision scheduled railroading. Mr. Fahmy will report to KCS president and chief executive officer Patrick J. Ottensmeyer.
"I am very pleased to announce that Sameh will lead the implementation of principals of the Precision Scheduled Railroading (PSR) methodology that are most applicable to the KCS network," stated Mr. Ottensmeyer. "Sameh’s knowledge of PSR, and demonstrated ability to improve network efficiency and drive cost savings will be an important asset to KCS. He will work alongside my executive team to develop strategy and drive operational changes that will result in sustainable improvements in customer service and cost structure. These improvements will help us realize the tremendous new business growth opportunities we have identified, while enhancing profitability and shareholder returns.”
Mr. Fahmy brings strong experience implementing and operating PSR networks. Recently, Mr. Fahmy served as a consultant at CSX, where he worked alongside the late Hunter Harrison and the team he left behind to optimize CSX’s mechanical and engineering departments. Accomplishments at CSX include mechanical and engineering expense reductions and an improvement in fuel efficiency. Prior to CSX, he spent 23 years at Canadian National, most recently as senior vice president engineering, mechanical and supply management. During his tenure at Canadian National, he oversaw the mechanical and engineering functions, improving their safety record, reducing expense, train delays and increasing freight car and locomotive availability. He also led a 4-year fuel efficiency drive. Between his tenures at Canadian National and CSX, Mr. Fahmy spent three years at GE Transportation in strategy, product architecture and pricing.
“I am happy to be on the KCS team, which is clearly energized and passionate about implementing the PSR model,” stated Mr. Fahmy. “There is great opportunity at KCS to increase velocity, reduce dwell, take out surplus assets and run a precision-scheduled and service-oriented operation for our customers.”
Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, 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 with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com
KCS: C. Doniele Carlson, 816-983-1372