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ALABAMA STATE PORT
AUTHORITY WELCOMES KANSAS CITY SOUTHERN SERVICES IN THE PORT OF MOBILE
The Alabama State Port
Authority welcomes Kansas City Southern (NYSE: KSU) (“KCS”) services in
the Port of Mobile, Ala. KCS announced earlier today it would
immediately begin to access the port through a combination of haulage
and trackage rights with Canadian National ("CN") from Jackson, Miss. to
Mobile, Ala. The KCS/CN agreement provides KCS customers with full
access Alabama State Docks facilities and the Central Gulf Railroad.
Additionally, the agreement provides KCS an interchange point with CSX.
KCS is
a transportation holding company that has railroad investments in the
U.S., Mexico, and Panama. Its primary holding is Kansas City Southern
Railway. Headquartered in Kansas City, Missouri, KCS serves customers
in the central and south central regions of the U.S. KCS’ rail holdings
and investments are primary components of a NAFTA Railway system that
links the commercial and industrial centers of the U.S., Canada, and
Mexico.
“The access agreement is
part of KCS’ strategy to extend the railroad’s reach and provide
customers with numerous shipping options in terms of ocean freight,”
said Larry Stevenson, senior vice president marketing and sales. “With
access to the Port of Mobile, KCS now offers customers service to seven
U.S. gulf ports, more than any other rail carrier.”
“We are extremely
pleased that KCS will be offering services at Mobile,” said Jimmy Lyons,
Director/CEO, Alabama State Docks. “One of our most valuable assets and
biggest strengths as a Port is the rail network that we have in Mobile.
KCS further strengthens that network, offering services on a single line
basis to a number of points not previously covered. We look forward to
working with the KCS staff to help build business through our Port.”
The Alabama State Port Authority serves as
Alabama's primary deepwater port encompassing approximately 3000 acres
and over 4 million square feet of cargo handling area. The Port
Authority operates its own short line railroad, Terminal Railway Alabama
State Docks (TASD), now providing services to 5 Class I Rail
carriers.
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