KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE: KSU) celebrated its 125th anniversary of railroad operations today by ringing the opening bell at the New York Stock Exchange.
The company known today as KCS was founded by Arthur E. Stilwell in 1887. Stilwell envisioned a single-line railroad from the heartland of the United States to the Gulf of Mexico. Building off of this vision to develop a north-south railroad, KCS extended its network into Mexico in 1997 by joining with Transportación Ferroviaria Mexicana, S.A. de C.V. (TFM) to operate the Northeast Railway, Mexico’s premier rail line. In 2005, KCS acquired full ownership of TFM and renamed its Mexico operations Kansas City Southern de México, S.A. de C.V. This acquisition resulted in the first and only coordinated rail network between the United States and Mexico.
In 2011, KCS reported carloads of 2 million and revenue of $2.1 billion. This was the first time that KCS carloads reached the 2 million threshold, and the first time that annual revenue exceeded $2 billion.
"The ringing of the opening bell of trading on the New York Stock Exchange is for us a celebration of the contributions of generations of dedicated KCS employees," commented KCS Executive Chairman Michael R. Haverty. "Our founder, Arthur Stilwell, had a unique vision; a vision, if anything, more vibrant today than it was 125 years ago."
Headquartered in Kansas City, MO, Kansas City Southern 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. Kansas City Southern's 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.