Kansas City Southern to utilize Commtrex’s transloading platform

The Supply Chain Journal

Kansas City Southern will be using freight data supplier Commtrex ’s platform to increase visibility and connectivity within KCS’ transload facility in the U.S. News Rail agricultural transloading Commtrex cross-border Kansas City Southern Kansas City Southern de Mexico transloading

Kansas City on pace for record commercial real estate growth in 2021

The Supply Chain Journal

The deal is notable because it continues a hot streak for the Kansas City region, which has seen a boom in the past year in commercial real estate, both in terms of companies building facilities and firms like Colliers constructing buildings even without tenants.

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The Daily Dash: Kansas City Southern favors CN merger proposal

The Supply Chain Journal

In today’s edition, we highlight news that Kansas City Southern prefers Canadian railway CN’s merger proposal, as well as a new venture that helps trucking companies enhance their reputations and more. The Daily Dash is a quick look at what’s happening in the freight ecosystem.

Canadian Pacific submits revised offer to acquire Kansas City Southern

The Supply Chain Journal

Canadian Pacific has revised its offer to acquire Kansas City Southern ahead of a shareholder meeting in which KCS shareholders would have to confirm their desire to merge with CP rival CN. This story is developing.

Kansas City Southern chooses CN bid, terminates CP merger agreement

The Supply Chain Journal

Kansas City Southern ( NYSE: KSU ) has made it official: It’s breaking up with Canadian Pacific ( NYSE: CP ) and it’s going with the merger offer from CP rival CN ( NYSE: CNI ). Kansas City Southern declares CN proposal ‘superior’.

Kansas City Southern expects strong market for rail in second half of 2021

The Supply Chain Journal

Kansas City Southern still anticipates double-digit revenue growth for 2021 amid favorable macroeconomic indicators, executives said during its second-quarter 2021 earnings call on Friday. Related links: Merger money cuts into Kansas City Southern’s Q2 profit.

Kansas City Southern bullish on late-2021 volumes

The Supply Chain Journal

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.

News Alert: CN makes nearly $34 billion bid for Kansas City Southern

The Supply Chain Journal

Canadian railway CN ( NYSE: CNI ) has offered to acquire Kansas City Southern ( NYSE: KSU ) in a cash-and-stock transaction worth $33.7 CN rival Canadian Pacific ( NYSE: CP ) last month announced plans to acquire Kansas City Southern (KCS) for $29 billion. .

CN, Kansas City Southern merger would target competition from trucks

The Supply Chain Journal

A merger between Canadian railway CN ( NYSE: CNI ) and Kansas City Southern ( NYSE: KSU ) would created a formidable opponent for what should be the industry’s largest threat: long-haul trucking, CN executives said Tuesday morning in their pitch to acquire Kansas City Southern (KCS).

Canadian Pacific slams CN’s bid to acquire Kansas City Southern

The Supply Chain Journal

Canadian Pacific ( NYSE: CP ) slammed a bid by rival CN ( NYSE: CNI ) to acquire Kansas City Southern ( NYSE: KSU ), describing CN’s proposal as “massively complex and likely to fail” because it decreases competition and raises antitrust concerns, according to CP.

Kansas City Southern to hold CN-KCS merger vote in September

The Supply Chain Journal

Kansas City Southern shareholders will wait until Sept. Canadian Pacific submits revised offer to acquire Kansas City Southern. 3 to decide whether they will approve the merger agreement with Canadian railway CN.

Merger money cuts into Kansas City Southern’s Q2 profit

The Supply Chain Journal

The $700 million fee that Kansas City Southern paid to terminate its merger agreement with Canadian Pacific slashed KCS’ income for the second quarter. Kansas City Southern). Related links: Regional interests take sides in Kansas City Southern merger fight.

News Alert: Kansas City Southern intends to accept ‘superior’ CN proposal

The Supply Chain Journal

Kansas City Southern ( NYSE: KSU ) has made a decision: it plans to merge with Canadian railway CN ( NYSE: CNI ). . Upon receipt of a revised acquisition proposal from CN, Kansas City Southern (KCS) has decided to deem that proposal as “superior.”.

Kansas City Southern, Norfolk Southern announce retirements, appointments

The Supply Chain Journal

Kansas City Southern’s chief innovation officer to retire. Brian Hancock, Kansas City Southern ’s ( NYSE: KSU ) chief innovation officer, will retire from Kansas City Southern (KCS) effective July 2, according to a company filing to the U.S.

Regional interests take sides in Kansas City Southern merger fight

The Supply Chain Journal

The debate over which Canadian railway would provide greater benefits to stakeholders through a merger with Kansas City Southern ( NYSE: KSU ) appears to be pitting regions of the U.S.

Supply Chain News on The Latest News on Kansas City Southern Takeover Drama

Supply Chain Digest

Canadian National Seems Likely to Win, but some Analysts Say Money there for Canadian Pacific to Make Higher Bid

Amazon Air begins daily service to Pittsburgh, Kansas City

The Supply Chain Journal

Add Pittsburgh and Kansas City, Missouri, to Amazon’s (NASDAQ: AMZN ) rapidly growing network of airports served by its in-house cargo airline, which helps the company cut ground transport times and quickly deliver online orders to businesses and consumers.

News Alert: Kansas City Southern intends to accept ‘superior’ CN proposal

The Supply Chain Journal

Kansas City Southern ( NYSE: KSU ) has made its decision: it plans to merge with Canadian railway CN ( NYSE: CNI ). . Upon receipt of a revised acquisition proposal from CN, Kansas City Southern (KCS) has decided to deem that proposal as “superior.”.

News Alert: Regulators say older merger rules apply to Kansas City Southern

The Supply Chain Journal

A proposed merger between Kansas City Southern ( NYSE: KSU ) and Canadian Pacific ( NYSE: CP ) can proceed under older rules governing Class I mergers, the Surface Transportation Board (STB) determined Friday. CN, Kansas City Southern merger would target competition from trucks.

Truck driver killed in Texas after collision with freight train

The Supply Chain Journal

when a Kansas City Southern train struck the vehicle, which then burst into flames. “It In a statement, Kansas City Southern said, “A KCS train collided with a truck at the FM 1960/FM 2100 grade crossing, fatally injuring the driver of the truck.

News Alert: Regulators say older merger rules apply to Kansas City Southern

The Supply Chain Journal

A proposed merger between Kansas City Southern ( NYSE: KSU ) and Canadian Pacific ( NYSE: CP ) can proceed under older rules governing Class I mergers, the Surface Transportation Board (STB) determined Friday. CN, Kansas City Southern merger would target competition from trucks.

Kansas City Southern Q1 net profit flattish on 4% revenue decline

The Supply Chain Journal

Lower revenue contributed to flattish year-over-year first-quarter net profit for Kansas City Southern ( NYSE: KSU). . million in merger costs, according to Kansas City Southern (KCS). Kansas City Southern).

Rail Roundup: BNSF reopens intermodal facility; KCS, Savage plan railport

The Supply Chain Journal

Savage Services and Kansas City Southern are working together to construct a multicommodity railport in Mossville, Louisiana, to serve refineries, chemical plants and other industries in the Lake Charles aea. BNSF reopens Memphis-area intermodal facility to meet increased demand.

US Class I railroads to feds: Don’t blame us

The Supply Chain Journal

Consistent with KCS’ policy of preferring to work with customers to avoid storage, rather than collecting storage fees, we have also been flexible with the application of storage charges, where warranted,” said Kansas City Southern ( NYSE: KSU ) President and CEO Pat Ottensmeyer in an Aug.

FMC onboard for Biden’s ocean carrier ‘crackdown’

The Supply Chain Journal

Stifel also noted that the railroads were more at risk to potential regulatory action, particularly given the proposed merger between Canadian National Railway and Kansas City Southern.

Kansas City Southern Reports Record Revenue Despite Political Uncertainty Between Mexico and the U.S.

Logistics Trends and Insights

Class I railroad, Kansas City Southern (KCS) reported record second-quarter revenues, up 5% to $714 million, despite flat volumes. Of the Class 1 railroads, Kansas City Southern is the only one to run a dedicated system into Mexico through an agreement with the Mexican government. cross-border Mexico Railroads US Kansas City Southern U.S.

CN confident in market share take from trucking via KCS merger

The Supply Chain Journal

Canadian railway CN ( NYSE: CNI ) insists that ensuring competition among other railroads and shippers will be a priority should it succeed in merging with Kansas City Southern ( NYSE: KSU ). Regulators say older merger rules apply to Kansas City Southern.

DSI Recognized as One of Kansas City’s Healthiest Employers

DSI

As we continue to make significant strides (no pun intended) in creating an environment that helps DSI employees enjoy active, healthier lifestyles, we’re thrilled to be among the companies recognized on the Kansas City Business Journal’s 2016 Healthiest Employers list. Company corporate health and wellness dsi dsi kansas city employee wellness kansas city business journal healthiest employers kansas city corporate challenge kansas city healthiest employers

Innovators, Entrepreneurs Converge on Techweek Kansas City

DSI

Techweek Kansas City 2016 is fast approaching. In less than two weeks, innovators, entrepreneurs and techies will come together to explore tech trends in Kansas City and beyond. Techweek is a festival that promotes innovation and entrepreneurship now taking place in eight major cities. Kansas City joined the roster last year and drew more than 4,000 attendees for a week of thought-provoking sessions and stimulating networking opportunities.

Canadian Pacific, CN argue which is better for grain shippers

The Supply Chain Journal

Rivals CN ( NYSE: CNI ) and Canadian Pacific ( NYSE: CP ) each are claiming that they have the support of Upper Midwest grain shippers in the battle over which railway gets to merge with Kansas City Southern ( NYSE: KSU ).

CP Rail Agrees to Buy Kansas City Southern for $25 Billion

Supply Chain Brain

Canadian Pacific Railway is aiming to create a 20,000-mile rail network linking the U.S., Mexico and Canada in the first year of those nations’ new trade alliance

Where have all the carriers gone?

The Supply Chain Journal

s (NYSE:CN) proposed $33 billion acquisition of Kansas City Southern Industries (NYSE:KSU) will remove the last U.S.-based In 1977, Congress deregulated the nation’s air cargo industry, allowing all-cargo carriers to operate free of government economic fiat.

Stakeholders gear up for next round in CN-KCS merger process

The Supply Chain Journal

Shippers groups, Canadian railway CN ( NYSE: CNI ), Kansas City Southern ( NYSE: KSU ) and Canadian Pacific ( NYSE: CP ) have all been weighing in on whether the Surface Transportation Board (STB) should approve CN’s and Kansas City Southern’s (KCS) proposed voting trust.

The Stockout: Potential rail merger could increase CPG companies’ intermodal options

The Supply Chain Journal

Tuesday morning there was big news out of the rail industry: Canadian National Railway (CN) made a stronger offer to acquire the Kansas City Southern (KCS) Railway than what Canadian Pacific (CP) and KCS agreed upon.

CP, CN argue merger merits before Surface Transportation Board

The Supply Chain Journal

Rival railways CN ( NYSE: CNI ) and Canadian Pacific ( NYSE: CP ) on Wednesday pressed regulators to consider the merits of their competing requests to acquire Kansas City Southern ( NYSE: KSU ). There is no doubt that the best option for Kansas City Southern and the U.S.