COVID-19 uncertainties, PSR part II: What’s on the minds of rail execs

A photograph of a Kansas City Southern train in a rail yard.

Train lengths, e-commerce and mergers and acquisitions were among the topics discussed by four Class I railroads at the Credit Suisse 8th Annual Industrials Conference last week. Here are some highlights:

Kansas City Southern talks service design adjustments, longer sidings

Kansas City Southern (NYSE: KSU) hopes to implement the third phase of its PSR program in 2021.

Although this phase could be the most challenging, it also could be the most rewarding, according to Sameh Fahmy, executive vice...

https://www.freightwaves.com/news/covid-19-uncertainties-psr-part-ii-whats-on-the-minds-of-rail-execs

Pan Am, conversions to rail and train lengths — oh my!

A photograph of a CSX train traveling next to a forest.

A CSX (NASDAQ: CSX) executive confirmed that CSX has talked with short line Pan Am Railways about a possible future involving both companies, but he declined to comment further on the issue.

“You might have seen what we’ve sort of said publicly on Pan Am. We did confirm that we have had discussions with Pan Am about that property. Beyond that, I’m not going to comment any further,” said CSX’s Mark Wallace at the Baird investors conference Thursday. Wallace is the executive vice president for...

https://www.freightwaves.com/news/pan-am-conversions-to-rail-and-train-lengths-oh-my