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KSU Kansas City Southern

293.59
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kansas City Southern NYSE:KSU NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 293.59 0 01:00:00

Kansas City Southern Increases Capacity with New Wylie, Texas Intermodal Terminal

30/07/2015 9:00pm

Business Wire


Kansas City Southern (NYSE:KSU)
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Kansas City Southern (KCS) (NYSE: KSU) today celebrated the dedication of its new, state-of-the-art intermodal terminal in Wylie, Texas with a ribbon-cutting ceremony with local public officials. After 12 months of construction, the more than $64 million terminal opened for operations on July 13.

“We are very pleased to offer our intermodal customers this new, world-class terminal for U.S. domestic, U.S. international and U.S.-Mexico cross-border shipments,” said KCS president Patrick J. Ottensmeyer. “The new terminal significantly increases the capacity previously available at the Zacha (Dallas-area) terminal, creates opportunity for planned economic growth and development, and makes the City of Wylie and Collin County, Texas even more competitive to shippers looking to locate new operations.”

The new Wylie Intermodal Terminal has an automated gate system with high definition imagers, optical character recognition and biometric driver identification. It also has an annual lift capacity of 342,000, 1,500 parking spaces, and 400 container stack spots. The terminal also has enhanced traffic signals, specific turn lanes and two 5,000-foot intermodal tracks.

Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, 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 Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent 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.

Kansas City SouthernC. Doniele Carlson, 816-983-1372dcarlson@kcsouthern.com

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