KCS Archives - Maritime Shipping News

Viewpoint: CP-KCS merger makes sense; CN takeover does not

23 April 2021

By Byron L. Dorgan, retired U.S. senator from North Dakota

Making an exception is different than changing one’s mind. That’s how I came to the conclusion that, although I have been a strong and relentless critic of mergers by big Class I railroads, the recently proposed merger by Canadian Pacific (CP) and Kansas City Southern (KCS) is an exception that makes good sense for American shippers, consumers and the economy at large. The recent proposal by Canadian rival CN to buy KCS instead would be...

https://s29755.pcdn.co/news/viewpoint-cp-kcs-merger-makes-sense-cn-takeover-does-not

Association of American Railroads weighs in on climate policy

3 March 2021

The AAR released policy proposals addressing climate change.

The Association of American Railroads (AAR) published a white paper with policy proposals that address climate change Monday, focusing on collaboration, technology, reducing emissions and simplifying processes.

Railroads move about 40% of U.S. long-distance freight volume, according to the paper, which is more than any other mode of transportation. Despite high volumes, the Environmental Protection Agency estimated that rail only contributes to 2.1% of U.S. transportation-related greenhouse gas...

https://s29755.pcdn.co/news/association-of-american-railroads-weighs-in-on-climate-policy

KCS commits to setting more stringent emission reduction target

20 January 2021

KCS committed to setting science-based emission reduction targets.

Kansas City Southern (NYSE: KSU) announced its commitment to set a more stringent emission reduction target that aligns with the Paris Agreement’s goal to limit global warming to well below 2 degrees Celsius above pre-industrial levels Tuesday.

Kansas City Southern (KCS) said it submitted a commitment letter to the Science Based Targets Initiative (SBTi) to reduce greenhouse gas (GHG) emissions. KCS did not mention specific emission reduction goals in the statement. However, based on 2018 data,...

https://www.freightwaves.com/news/kcs-commits-to-setting-more-stringent-emission-reduction-target

Arbitrators favor Kansas City Southern in border-related labor dispute

7 August 2020

A photograph of a train traveling through a town at night.

An arbitration board has determined that Kansas City Southern (NYSE: KSU) can use Mexican nationals employed by the railroad to work a nine-mile stretch between the Mexican border and a rail yard in Laredo, Texas.

In a majority vote, the Special Board of Adjustment ruled that Kansas City Southern (KCS) didn’t violate the collective bargaining agreement between KCS and the Brotherhood of Locomotive Engineers and Trainmen (BLET) when the railroad chose to use Mexican nationals employed by KCS...

https://www.freightwaves.com/news/arbitrators-favor-kansas-city-southern-in-border-related-labor-dispute