Kansas City Southern Increases Capacity with New Wylie, Texas Intermodal Terminal
July 30 2015 - 4:00PM
Business Wire
Kansas City Southern (KCS) (NYSE: KSU) today celebrated the
dedication of its new, state-of-the-art intermodal terminal in
Wylie, Texas with a ribbon-cutting ceremony with local public
officials. After 12 months of construction, the more than $64
million terminal opened for operations on July 13.
“We are very pleased to offer our intermodal customers this new,
world-class terminal for U.S. domestic, U.S. international and
U.S.-Mexico cross-border shipments,” said KCS president Patrick J.
Ottensmeyer. “The new terminal significantly increases the capacity
previously available at the Zacha (Dallas-area) terminal, creates
opportunity for planned economic growth and development, and makes
the City of Wylie and Collin County, Texas even more competitive to
shippers looking to locate new operations.”
The new Wylie Intermodal Terminal has an automated gate system
with high definition imagers, optical character recognition and
biometric driver identification. It also has an annual lift
capacity of 342,000, 1,500 parking spaces, and 400 container stack
spots. The terminal also has enhanced traffic signals, specific
turn lanes and two 5,000-foot intermodal tracks.
Headquartered in Kansas City, Mo., KCS 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. KCS' 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150730005070/en/
Kansas City SouthernC. Doniele Carlson,
816-983-1372dcarlson@kcsouthern.com
Kansas City Southern (NYSE:KSU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kansas City Southern (NYSE:KSU)
Historical Stock Chart
From Apr 2023 to Apr 2024