Kansas City Southern (KCS) (NYSE: KSU) announced today that its principal U.S. subsidiary, The Kansas City Southern Railway Company (KCSR), will invest approximately $5.6 million in 2016 in construction and improvement projects on its Shreveport Terminal Subdivision.
The work will begin on March 8 and continue through March 22, including the installation of approximately and improvements to over 20 public and private grade crossings in Shreveport, La.
“KCS, through its U.S. and Mexican subsidiaries, continues to invest in capital projects to expand network capacity, keep maintenance in a regular and healthy cycle, and enhance the safety of our operation,” said chief executive officer David L. Starling. “These investments also help us be an economic growth partner to our customers and the communities through which we operate.”
In Louisiana, KCSR owns and operates approximately 915 miles of rail infrastructure and serves the river ports of Baton Rouge, Lake Charles and Natchitoches and the Gulf port of New Orleans. KCSR serves several transload facilities in the state. The KCSR network in Louisiana serves as an effective transportation and logistics solution for shippers moving goods throughout North America.