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KCS to STB on Managing Intermodal Operations Effectively
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Operator
Good morning, and welcome to the Kansas City Southern s Second Quarter 2021 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to introduce you to Ashley Thorne, Vice President, Investor Relations for Kansas City Southern.
Ashley Thorne
Vice President, Investor Relations
Thank you, Jason. Good morning, and thank you for joining Kansas City Southern s second quarter 2021 earnings call.
Before we begin, I want to remind you that this presentation contains forward-looking statements within the meaning of the Securities Exchange Act as amended. Actual results could materially differ from those anticipated by such forward-looking statements as a result of a number of factors or combination of factors, including, but not limited to, the risks identified in our annual report on Form 10-K for the year ended December 31, 2020 and in other reports filed by us with the SEC. Forward-looking statements reflect the information only as of the date they are mad
Kansas City Southern (KSU) Q2 2021 Earnings Call Transcript
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The first-quarter 2021 earnings season for the Class I railroads is over. An optimistic volume outlook, especially for the second half of 2021, plans to improve operational efficiency and take market share away from trucks, and a proposed Class I Canadian railway merger with
Kansas City Southern (NYSE: KSU) were among the key themes expressed by railroad executives. The underlying message is there are expectations that the efficiency improvements are going to continue and they ll be able to leverage the improvements in volumes throughout the course of the year and be able to look at opportunities to grow their business, said Jeff Windau, an equities analyst with Edward Jones. As they re able to improve their efficiencies, it potentially gives them opportunities to look at other types of business to gain more volumes, like trying to get some more volumes from trucks.
5 takeaways from Class I railroads’ earnings season
Despite headwinds in the first quarter, Class I rail executives were upbeat about 2021
0 586 6 minutes read Double-stacked intermodal containers. (Photo: Jim Allen/FreightWaves)
The first-quarter 2021 earnings season for the Class I railroads is over. An optimistic volume outlook, especially for the second half of 2021, plans to improve operational efficiency and take market share away from trucks, and a proposed Class I Canadian railway merger with Kansas City Southern (NYSE: KSU) were among the key themes expressed by railroad executives.
“The underlying message is there are expectations that the efficiency improvements are going to continue and they’ll be able to leverage the improvements in volumes throughout the course of the year and be able to look at opportunities to grow their business,” said Jeff Windau, an equities analyst with Edward Jones. “As they’re able to improve their efficiencies, it p
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