Benzinga | Dec 2, 2021 04:32PM EST

Kansas City Southern Reports Achieved Record Daily Average Grain Carloads In Nov.

Kansas City Southern (KCS) (NYSE:KSU) announces that it achieved record daily average grain carloads in Nov., 2021, exceeding the previous record for daily average grain carloads set in Oct., 2021. KCS achieved this record by delivering all-time low cross-border grain shuttle train cycle times.

"These grain milestones are the result of continuous improvement initiatives and an intense focus on our service," stated John Orr, KCS executive vice president operations. "They are the result of months of challenging our historic processes and engaging at a deeper level to improve our customer value proposition."

"Based on a record of strong operational performance, KCS is able to provide consistent and excellent service to its customers," stated Michael Naatz, KCS executive vice president and chief marketing officer. "Our grain customers have benefitted from improved equipment availability and cycle times, better positioning them to win in their markets."

KCS' rail lines receive and originate shipments of grain and grain products for delivery to a variety of consumers in the U.S. and Mexico. KCS' cross-border grain shipments represent some of the longest lengths of haul on the network, originating in the midwestern U.S. states of Illinois, Iowa, Kansas, Missouri and Nebraska and moving into central and southern Mexico.

An intense cross-functional focus on customer service and operational performance is driving near record velocity and dwell performance at KCS. These improvements in performance metrics benefit grain customers, as well as KCS' customers in all other sectors.