News
KSU-PR
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UPDATE 1-Mexican antitrust authority investigates rail freight transport market
Mexican antitrust authority investigates rail freight transport market. Watchdog says elements suggest the "absence of competitive conditions" in the industry. Mexico's rail sector is dominated by Canadian Pacific Kansas City and Grupo Mexico's transport unit. Government plans to build out railway infrastructure.
Reuters · 01/11 01:39
Mexican antitrust authority investigates rail freight transport market
Mexican antitrust authority investigates rail freight transport market. The industry is dominated by Canadian Pacific Kansas City and Grupo Mexico's transport unit. Commission says there are elements that suggest the "absence of competitive conditions" in the industry. Government plans to build out railway infrastructure.
Reuters · 01/10 19:01
UPDATE 1-Scotiabank's Mexico bet eyeing $1.6 trillion N.America trade is not without risks
Bank of Nova Scotia is eying North America's booming $1.6 trillion trade with its renewed Mexico bet. Scotiabank's "Mexico First" strategy aims to offer clients in Canada, the U.S. And Mexico end-to-end trade finance. North American trade is expected to add about 1.2% to Mexico's GDP this year. But the strategy comes with risks as foreign banks have struggled in Mexico.
Reuters · 12/18/2023 17:19
UPDATE 1-Canada judge rules against Canadian Pacific in excessive-hours case
Reuters · 06/07/2023 19:15
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About KSU-PR
Kansas City Southern (KCS) is a holding company that is primarily engaged in the freight rail transportation business. The Company provides domestic and international rail operations in North America that are focused on the North/South freight corridor connecting commercial and industrial markets in the central United States (U.S.) with industrial cities in Mexico. The Company’s subsidiaries include The Kansas City Southern Railway Company (KCSR), Kansas City Southern de Mexico, S.A. de C.V. (KCSM), Meridian Speedway, LLC (MSLLC), and The Texas Mexican Railway Company (TexMex). The Company serves various industries, which includes chemical and petroleum, industrial and consumer products, agriculture and minerals, energy, automotive, and intermodal transportation.