Kansas City Southern bullish on late-2021 volumes

A photograph of a Kansas City Southern train.

Although Kansas City Southern (NYSE: KSU) executives were tight-lipped about how operations might look should it succeed in merging with Canadian Pacific (NYSE: CP), the railroad was upbeat Friday about its volume expectations for 2021.

Kansas City Southern (KCS) and CP announced plans last month to merge and are in the preliminary stages of a multimonth regulatory review before the Surface Transportation Board (STB).

KCS also reported Friday that its first-quarter net income was $153.4 million,...

https://s29755.pcdn.co/news/kansas-city-southern-bullish-on-late-2021-volumes

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