Green Touch Builders | Lower oil prices, stronger dollar will slow KC Southern revenue growth
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March 23, 2015 By SEO Admin

Lower oil prices, stronger dollar will slow KC Southern revenue growth

Lower oil prices and the strong U.S. dollar are dragging down Kansas City Southern Railway Co.

The Kansas City-based rail company (NYSE: KSU) lowered its estimates for revenue growth by 4 percent on Monday morning, citing slower year-to-date carload growth in the energy sector, continued deterioration of the Mexican peso against the dollar and lower fuel surcharges driven by lower WTI crude oil prices.

“The company expects the impact of lower carload volumes to result in an approximate 2 percent…