Kansas City Southern (KCS) (NYSE: KSU) announced today that its principal U.S. subsidiary, The Kansas City Southern Railway Company (KCSR), will invest approximately $20.9 million in 2015 on construction and improvement projects on the Mexico and Roodhouse Subdivisions, with work planned between Clark, Missouri and Roodhouse, Illinois. These projects will help grow capacity, as well as maintain and enhance safety on KCS’ cross-border network.
This work will begin on July 14 and continue through the end of September. It will include the replacement of four miles of rail and 132,000 cross ties, as well as improvements to over 60 road crossings. Communities that KCSR will work through include Clark, Centralia, Mexico, Laddonia, Farber, Vandalia, Curryville, Bowling Green, and Louisiana, Missouri, as well as Pleasant Hill, Nebo, Pearl, Hillview and Roodhouse, Illinois.
“KCS, through its U.S. and Mexican subsidiaries, continues to invest in capital projects to expand network capacity, keep maintenance in a regular and healthy cycle, and enhance the safety of our operation,” said chief executive officer David L. Starling. “These investments also help us be an economic growth partner to our customers and the communities through with we operate.”
In Missouri,. KCSR owns and operates 396 miles of railroad. In addition, KCSR provides service to an intermodal facility in Kansas City; the river ports of St. Louis and Kansas City and six transload facilities in the state. In Illinois, KCSR owns and operates 239 miles of railroad and serves three transload facilities. The KCSR network in Missouri and Illinois serves as an effective transportation and logistics solution for shippers moving goods throughout North America.
Headquartered in Kansas City, Missouri, KCS is a transportation holding company that has railroad investments in the U.S., Mexico, and Panama. Its primary U.S. holding is KCSR, 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 Lazaro Cardenas, Tampico, and Veracruz, and a 50% 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 are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico, and Canada.