Railroad operator Kansas City Southern on Friday reported a better-than-expected...
) on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel shipments to Mexico and ongoing cost cuts.
“We have a positive outlook for the rest of the year,” Chief Executive Patrick Ottensmeyer said on a conference call with analysts. Refined fuel products and liquid petroleum gas shipments to Mexico rose sharply. Those were partly offset by lower revenue from frac sand, crude oil and automotive shipments.
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