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A decrease in traffic volume, a hurricane in Mexico and flooding in the United States resulted in Kansas City Southern posting lower revenue, profit and earnings for the fourth-quarter and full year in 2015, the company announced this morning.KCS posted fourth-quarter 2015 net income of $140 million on revenue of $598 million, compared with net income of $142 million on revenue of $642.5 million for the same period in 2014, according to a KCS press release. Adjusted diluted earnings per share were $1.23, a 3 percent decrease compared with Q4 in 2014, but above the analyst estimate of $1.10.Operating income for Q4 2015 was $219 million, up 2 percent compared with the previous year's quarter. The Class I's operating ratio came in at 63.4 percent, a 3.3 point improvement from Q4 2014.For the full year 2015, KCS posted net income of $485 million on revenue of $2.4 billion, compared with net income of $504 million on revenue of $2.57 billion for the full year in 2014. Adjusted diluted earnings per share for 2015 were $4.49 compared to $4.82 in 2014. Year over year, carloads declined 3 percent.The company's adjusted operating ratio was 66.4 percent in 2015, a 0.7 point improvement compared with 2014's operating ratio."KCS' ability to react to a rapidly changing market and operational conditions was clearly evidenced during the fourth quarter in which not only did the company have to contend with an unsettled economy but also with a hurricane in Mexico and floods in a key section of its U.S. rail network," said KCS Chief Executive Officer David Starling. "Despite these challenges, KCS attained a fourth quarter 2015 operating ratio of 63.4 percent, a 3.3 point improvement from the prior year. System velocity and system dwell metrics also improved, returning KCS to the top tier of Class I railroads in these categories."Although the company faces an uncertain economy in 2016, "the progress we have made during 2015 gives us confidence that KCS is positioned to maximize its near-term and longer-term business opportunities," Starling added.