Thanks, Steve;
that used to be MY job, evaluating and approving/disapproving. 'The US Surface Transportation Board regulator would need to bless the deal first. The companies predict that could happen sometime in the middle of 2022.'
Kansas City Southern (KCS) (NYSE: KSU) is a Delaware-registered[1] pure transportation holding company with railroad investments in the United States, Mexico, and Panama.
The KCS rail network includes about 6,700 miles (10,800 km) of track in the U.S. and Mexico.[2]
Its primary U.S. holding is the Kansas City Southern Railway (KCS), a Class I railroad[3] that operates about 3,400 route miles (5,472 km)[4] in 10 states in the midwestern and southeastern United States.[5] KCS's hubs include Kansas City, Missouri; Shreveport, Louisiana; New Orleans; Dallas; and Houston. Among Class I railroads, KCS has the shortest route between Kansas City, the second-largest rail hub in the country, and the Gulf of Mexico.[6]
Its primary international holding is Kansas City Southern de México (KCSM), which operates about 3,300 route miles (5,311 km) in 15 states in northeastern, central, southeast-central and southwest-central Mexico. KCSM reaches the Gulf of Mexico ports of Tampico, Altamira, and Veracruz, and the Pacific Ocean deepwater container port of Lázaro Cárdenas.[7] KCS obtained 100% of ownership of KCSM in 2005, making KCS the only Class I Railroad to own track in Mexico's.[8]
The company also owns half of Panama Canal Railway Company (PCRC), which operates the Panama Canal Railway,[9] providing ocean-to-ocean transshipment service between the Atlantic and Pacific oceans.
The US Surface Transportation Board regulator would need to bless the deal first. The companies predict that could happen sometime in the middle of 2022.