Commentary
Cowen Take on KCS: Mexican Volumes Up, Eyes on Labor
Written by Jason Seidl, TD Cowen, Wall Street Contributing EditorCowen & Company hosted the Kansas City Southern (KCS) executive team in New York City last week for investor meetings. While challenges across Mexico continue to hinder railroad operations, discussions with regulatory authorities appear to be moving in the right direction.
![“Thanks to Secretary Pete [Buttigieg], USDOT, the Federal Railroad Administration and all our partners for making the S-Line passenger rail a reality!!” NCDOT Secretary Joey Hopkins said in a July 1 LinkedIn post. “Thanks to the hard work of our NCDOT team we broke ground on the first construction project in the Raleigh to Wake Forest segment, a $19M project to grade separate Durant Road 7 months after the grant announcement!!” (Photograph Courtesy of Joey Hopkins)](https://www.railwayage.com/wp-content/uploads/2024/07/slinelead-315x168.png)
