Kansas City Southern’s 3Q Profit Doubles

Kansas City Southern reported its third-quarter earnings rose to $100 million, or 91 cents a share, from $50 million, or 48 cents, the previous year.

The railroad’s revenue increased 24% to a record $545 million, it said last week.

Carload volumes increased 13%. Revenue grew in all commodity groups, led by a 58% gain in automotive.