Economy Recalls trucking strike Logistics business systems supply chain disruption warehousing food Business tools News Technology freight Unions and Guilds Distributor Credit Management Fleet Management Great Employees Operations Improvement Pricing Solutions distribution talk Christmas Season Ideas Managing Debt Ports Trade Shows bankruptcy management paradigm route optimization tools Alternative Businesses China Falling Editors Note Excess Inventory Lawsuits Licensing Profit and Loss Report Recession Wal-Mart advertising Tips environmental logistics relocations retail shortages Accounting Restatements Airport Privatization Consumers Harmed Editor Comments Education and Training European Business Government Plans Hosting Inflation International Trade Market Conditions Movie Distribution Photo Rail Software Vehicles distribution real estate horizontal integration imports k-rail recycling distribution regulation scandals - Prosecutions trade free zones trains vertical integration warranty repair
- Trains Roll On Down The Line
- Global Recession
- Birthday Ideas
- Union Pacific Doing Well Despite Economy
- Photo Blankets
- UPS Raises Rates
- Atlas Air Updates
- Flight Attendant Education
- California and Massachusetts Bailout
- Jensen K-Rail
- FedEx Nacional Mexico
- MS Project Server SAAS
- Global Markets Deteriorate
- Coffee Bean Industry
- Chicago Midway Up For Privatization
- Discount High Def.
- Melamine Poisoned Candy - In US for Halloween
- Bob Barr on the Bailout
- ▼ October (19)
- ► 2007 (204)
Tuesday, October 28, 2008
3:00 PM | Author: Brett Bumeter - Unknown | | | Edit Post
If there is one constant in this current economic downturn, it is the resurgence of rail in regards to supply chain distribution methods. Just today, Kansas City Southern announced that they had hit a 17% increase in quarterly profit but just missed their Wall Street forecast. KCS's net income increased about .52$ a share compared to holding steady at .48$ this time last year.
In addition, Kansas City Southern had expected to do better in regards to their 3rd quarter reports, but due to the lengthy and brutal hurricane season (Gustav and Ike in particular) earnings were slightly reduced. Many analysts are expecting to see shares rise to about .60$ next quarter.
It is obvious that rail distributors seem to be doing well in stark contrast with other land and air distributors.