SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934

                 Date of Report (Date of earliest event reported):
                                   June 5, 2001


                       KANSAS CITY SOUTHERN INDUSTRIES, INC.
                       -------------------------------------
                (Exact name of company as specified in its charter)


       DELAWARE                  1-4717                   44-0663509
---------------------         -------------           -------------------
(State or other jurisdiction  (Commission file        (IRS Employer
   of incorporation)             number)              Identification Number)


                 114 West 11th Street, Kansas City, Missouri 64105
                 -------------------------------------------------
                (Address of principal executive offices) (Zip Code)


                 Company's telephone number, including area code:

                                (816) 983 - 1303

                                 Not Applicable

           (Former name or former address if changed since last report)









<PAGE>





Item 5.     Other Events

On June 5, 2001, Kansas City Southern Industries, Inc. ("KCSI" or "Company")
announced that former U.S. Secretary of Transportation Rodney E. Slater has been
named to its Board of Directors.

On June 7, 2001,  KCSI announced that it plans  concurrent  public  offerings of
$115 million of mandatory  convertible  units and 4 million shares of its common
stock.

Item 7.     Financial Statements and Exhibits

(c)         Exhibits

            Exhibit No.                         Document

            (99)                                Additional Exhibits

            99.1                                Press Release issued by Kansas
                                                City Southern Industries, Inc.
                                                dated June 5, 2001 entitled,
                                                "KCSI Names Former Secretary
                                                Rodney Slater to Board of
                                                Directors", is attached hereto
                                                as Exhibit 99.1


            99.2                                Press Release issued by Kansas
                                                City Southern Industries, Inc.
                                                dated June 7, 2001 entitled,
                                                "Kansas City Southern
                                                Industries, Inc. Plans Public
                                                Offerings", is  attached hereto
                                                as Exhibit 99.2



<PAGE>




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.

                                           Kansas City Southern Industries, Inc.


Date: June 11, 2001                         By: /s/  Louis G. Van Horn
                                               ----------------------------
                                                    Louis G. Van Horn
                                             Vice President and Comptroller
                                             (Principal Accounting Officer)


<PAGE>


EXHIBIT 99.1

                                                          Date: June 5, 2001

Kansas City Southern Industries, Inc.         Media Contact: William Galligan
114 West 11th Street                                         816-983-1551
Kansas City, MO 64105                         e-mail:william.h.galligan@kcsr.com



NYSE Symbol: KSU

KCSI Names Former Secretary Rodney Slater to Board of Directors

Kansas  City  Southern  Industries  (KCSI)  today  announced  that  former  U.S.
Secretary  of  Transportation  Rodney E.  Slater  has been named to its Board of
Directors.

In 1997, Mr. Slater was unanimously  confirmed as the nation's 13th Secretary of
Transportation  and  served  in  that  position  until  the  end of the  Clinton
Administration  in January 2001. Under his leadership,  the scope and definition
of  transportation  was  expanded  to  include a focus on safety,  mobility  and
access, economic development and trade, the environment and national security.

Prior  to  becoming  Secretary,  Mr.  Slater  was  head of the  Federal  Highway
Administration.  Several  historic  initiatives  were  passed  during his tenure
including the  Transportation  Equity Act for the 21st Century  (TEA-21),  which
guarantees a record $200 billion in surface  transportation  investment  through
2003.

Currently, Mr. Slater is a partner in the public policy practice group of Patton
Boggs LLP,  and serves as head of the firm's  transportation  practice  group in
Washington,  D.C. At Patton Boggs,  he concentrates on many of the public policy
and transportation issues that marked his tenure as Secretary of Transportation,
including  aviation  competition  and  congestion  mitigation,  high-speed  rail
corridor development and overall transportation safety and funding.

"We are very pleased and feel  particularly  fortunate to have an  individual of
Secretary  Slater's stature and experience join our Board of Directors,"  stated
KCSI Chairman, Chief Executive Officer and President, Michael R. Haverty. "He is
clearly an innovative and effective leader in U.S.  transportation public policy
planning and development.  Secretary Slater will be an important  advisor to KCS
as we continue to develop our strategic direction for the future."

"I am  honored  to  serve  one  of our  nation's  premiere  railroad  companies,
especially  since I have always been  impressed  with the  North-South  focus of
Kansas City Southern's NAFTA strategy," said former Secretary Slater.  "With the
advent of NAFTA and the increased  opportunities  for trade, I see KCS's role as
the lynchpin of an integrated North American transportation system."

Mr. Slater holds a Bachelor of Science degree from Eastern Michigan University,
and a Juris Doctorate from the University of Arkansas School of Law.

KCSI is a transportation  holding company whose primary subsidiary,  Kansas City
Southern Railway Company, is one of seven Class I railroads.  KCSI also owns the
Gateway  Western  Railway  Company,  as well as having  investments in the Texas
Mexican  Railway,  Transportacion  Ferroviaria  Mexicana,  and the Panama  Canal
Railway Company.  The combined rail network comprises  approximately 6,000 miles
of rail lines that link  commercial and industrial  markets in the United States
and Mexico.

Patton Boggs is a 370-attorney firm with a diverse business, litigation, dispute
resolution  and  public  policy  practice.  With  deep  bipartisan  roots in the
Washington,   D.C.  political  arena,  Patton  Boggs'  innovation  strategically
connects business entities to government.  Our integrated practice strengths are
nationwide  with offices in  Washington,  D.C.;  Northern  Virginia;  Anchorage,
Alaska; Boulder and Denver, Colorado; and Dallas, Texas.

<PAGE>

EXHIBIT 99.2

                                                          Date: June 7, 2001

Kansas City Southern                         Media Contact: William Galligan
Industries, Inc.                                            816-983-1551
114 West 11th Street                         e-mail: william.h.galligan@kcsr.com
Kansas City, MO 64105



NYSE Symbol: KSU

           Kansas City Southern Industries, Inc. Plans Public Offerings

Kansas City Southern  Industries,  Inc. (the  Company)  announced  today that it
plans concurrent public offerings of $115 million of mandatory convertible units
and 4  million  shares  of  its  common  stock.  While  the  offerings  will  be
concurrent,  they are independent of each other and the completion of one is not
contingent on the other. Anticipated proceeds from the offerings will be applied
to reduce existing bank debt.

Each mandatory convertible unit will initially consist of a $25 principal amount
senior  note of The  Kansas  City  Southern  Railway  Company,  a  wholly  owned
subsidiary  of the Company,  and a purchase  contract for the  Company's  common
stock.  The number of shares of common stock to be purchased  under the purchase
contract  will be based upon the average  trading price of the stock at the time
the  contract is settled.  The joint book  running  managers  for the  mandatory
convertible unit offering will be JPMorgan and Morgan Stanley with Deutsche Banc
Alex. Brown as a co-manager;  JPMorgan and Deutsche Banc Alex. Brown will be the
joint book running managers for the common stock offering.

The offerings will be made pursuant to a registration  statement filed under the
Securities Act of 1933, as amended.  The Company expects to issue the securities
in  June.  This  press  release  shall  not  constitute  an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these  securities
in any state in which such offer,  solicitation  or sale would be  unlawful.  To
obtain a written prospectus relating to the mandatory  convertible units, please
contact:  JPMorgan,  60 Wall Street, New York, NY 10260 or Morgan Stanley,  1585
Broadway,  New York, NY 10036.  To obtain a written  prospectus  relating to the
offering of common stock, please contact: JPMorgan, 60 Wall Street, New York, NY
10260 or Deutsche Banc Alex. Brown, 1 South Street, Baltimore, MD 21202.

Kansas City  Southern  Industries  is a  transportation  holding  company  whose
primary  subsidiary,  The Kansas City Southern Railway Company,  is one of eight
Class I  railroads  in the United  States.  The  Company  also owns the  Gateway
Western  Railway  Company,  as well as having  investments  in The Texas Mexican
Railway  Company,  Transportacion  Ferroviaria  Mexicana,  and the Panama  Canal
Railway Company.  The combined rail network comprises  approximately 6,000 miles
of rail lines that link  commercial and industrial  markets in the United States
and Mexico.

Certain statements included in this news release are forward-looking  statements
within the meaning of Section 27A of the  Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Although Kansas City Southern Industries
believes that its  expectations  are  reasonable,  it can give no assurance that
these expectations will prove to have been correct. Factors that could cause the
Company's  actual results to differ  materially  from those  contemplated in the
forward-looking   statements  above  include,  among  others,  the  business  or
investment   considerations  disclosed  from  time  to  time  in  the  Company's
Securities and Exchange  Commission  filings or in other  publicly  disseminated
written documents.

Kansas City Southern Industries undertakes no obligation to update or revise any
forward-looking statement, whether as a result of new information, future events
or  otherwise.  For more  information,  review the  Company's  filings  with the
Securities and Exchange Commission.
[{"type": "8-K", "sequence": "1", "filename": "slatercommonstock.txt", "description": "SLATER & COMMON STOCK", "secsgml_size_bytes": 11459}]
{"company-data": {"conformed-name": "KANSAS CITY SOUTHERN INDUSTRIES INC", "cik": "0000054480", "assigned-sic": "4011", "irs-number": "440663509", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-04717", "film-number": "1658858"}, "business-address": {"street1": "114 W 11TH ST", "city": "KANSAS CITY", "state": "MO", "zip": "64105", "phone": "8169831303"}, "mail-address": {"street1": "114 WEST 11TH STREET", "city": "KANSAS CITY", "state": "MO", "zip": "64105"}}
SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934

                 Date of Report (Date of earliest event reported):
                                   June 5, 2001

                       KANSAS CITY SOUTHERN INDUSTRIES, INC.
                       -------------------------------------
                (Exact name of company as specified in its charter)

       DELAWARE                  1-4717                   44-0663509
---------------------         -------------           -------------------
(State or other jurisdiction  (Commission file        (IRS Employer
   of incorporation)             number)              Identification Number)

                 114 West 11th Street, Kansas City, Missouri 64105
                 -------------------------------------------------
                (Address of principal executive offices) (Zip Code)

                 Company's telephone number, including area code:

                                (816) 983 - 1303

                                 Not Applicable

           (Former name or former address if changed since last report)
Item 5.     Other Events

On June 5, 2001, Kansas City Southern Industries, Inc. ("KCSI" or "Company")
announced that former U.S. Secretary of Transportation Rodney E. Slater has been
named to its Board of Directors.

On June 7, 2001,  KCSI announced that it plans  concurrent  public  offerings of
$115 million of mandatory  convertible  units and 4 million shares of its common
stock.

Item 7.     Financial Statements and Exhibits

(c)         Exhibits

            Exhibit No.                         Document

            (99)                                Additional Exhibits

            99.1                                Press Release issued by Kansas
                                                City Southern Industries, Inc.
                                                dated June 5, 2001 entitled,
                                                "KCSI Names Former Secretary
                                                Rodney Slater to Board of
                                                Directors", is attached hereto
                                                as Exhibit 99.1

            99.2                                Press Release issued by Kansas
                                                City Southern Industries, Inc.
                                                dated June 7, 2001 entitled,
                                                "Kansas City Southern
                                                Industries, Inc. Plans Public
                                                Offerings", is  attached hereto
                                                as Exhibit 99.2
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.

                                           Kansas City Southern Industries, Inc.

Date: June 11, 2001                         By: /s/  Louis G. Van Horn
                                               ----------------------------
                                                    Louis G. Van Horn
                                             Vice President and Comptroller
                                             (Principal Accounting Officer)
EXHIBIT 99.1

                                                          Date: June 5, 2001

Kansas City Southern Industries, Inc.         Media Contact: William Galligan
114 West 11th Street                                         816-983-1551
Kansas City, MO 64105                         e-mail:william.h.galligan@kcsr.com

NYSE Symbol: KSU

KCSI Names Former Secretary Rodney Slater to Board of Directors

Kansas  City  Southern  Industries  (KCSI)  today  announced  that  former  U.S.
Secretary  of  Transportation  Rodney E.  Slater  has been named to its Board of
Directors.

In 1997, Mr. Slater was unanimously  confirmed as the nation's 13th Secretary of
Transportation  and  served  in  that  position  until  the  end of the  Clinton
Administration  in January 2001. Under his leadership,  the scope and definition
of  transportation  was  expanded  to  include a focus on safety,  mobility  and
access, economic development and trade, the environment and national security.

Prior  to  becoming  Secretary,  Mr.  Slater  was  head of the  Federal  Highway
Administration.  Several  historic  initiatives  were  passed  during his tenure
including the  Transportation  Equity Act for the 21st Century  (TEA-21),  which
guarantees a record $200 billion in surface  transportation  investment  through
2003.

Currently, Mr. Slater is a partner in the public policy practice group of Patton
Boggs LLP,  and serves as head of the firm's  transportation  practice  group in
Washington,  D.C. At Patton Boggs,  he concentrates on many of the public policy
and transportation issues that marked his tenure as Secretary of Transportation,
including  aviation  competition  and  congestion  mitigation,  high-speed  rail
corridor development and overall transportation safety and funding.

"We are very pleased and feel  particularly  fortunate to have an  individual of
Secretary  Slater's stature and experience join our Board of Directors,"  stated
KCSI Chairman, Chief Executive Officer and President, Michael R. Haverty. "He is
clearly an innovative and effective leader in U.S.  transportation public policy
planning and development.  Secretary Slater will be an important  advisor to KCS
as we continue to develop our strategic direction for the future."

"I am  honored  to  serve  one  of our  nation's  premiere  railroad  companies,
especially  since I have always been  impressed  with the  North-South  focus of
Kansas City Southern's NAFTA strategy," said former Secretary Slater.  "With the
advent of NAFTA and the increased  opportunities  for trade, I see KCS's role as
the lynchpin of an integrated North American transportation system."

Mr. Slater holds a Bachelor of Science degree from Eastern Michigan University,
and a Juris Doctorate from the University of Arkansas School of Law.

KCSI is a transportation  holding company whose primary subsidiary,  Kansas City
Southern Railway Company, is one of seven Class I railroads.  KCSI also owns the
Gateway  Western  Railway  Company,  as well as having  investments in the Texas
Mexican  Railway,  Transportacion  Ferroviaria  Mexicana,  and the Panama  Canal
Railway Company.  The combined rail network comprises  approximately 6,000 miles
of rail lines that link  commercial and industrial  markets in the United States
and Mexico.

Patton Boggs is a 370-attorney firm with a diverse business, litigation, dispute
resolution  and  public  policy  practice.  With  deep  bipartisan  roots in the
Washington,   D.C.  political  arena,  Patton  Boggs'  innovation  strategically
connects business entities to government.  Our integrated practice strengths are
nationwide  with offices in  Washington,  D.C.;  Northern  Virginia;  Anchorage,
Alaska; Boulder and Denver, Colorado; and Dallas, Texas.
EXHIBIT 99.2

                                                          Date: June 7, 2001

Kansas City Southern                         Media Contact: William Galligan
Industries, Inc.                                            816-983-1551
114 West 11th Street                         e-mail: william.h.galligan@kcsr.com
Kansas City, MO 64105

NYSE Symbol: KSU

           Kansas City Southern Industries, Inc. Plans Public Offerings

Kansas City Southern  Industries,  Inc. (the  Company)  announced  today that it
plans concurrent public offerings of $115 million of mandatory convertible units
and 4  million  shares  of  its  common  stock.  While  the  offerings  will  be
concurrent,  they are independent of each other and the completion of one is not
contingent on the other. Anticipated proceeds from the offerings will be applied
to reduce existing bank debt.

Each mandatory convertible unit will initially consist of a $25 principal amount
senior  note of The  Kansas  City  Southern  Railway  Company,  a  wholly  owned
subsidiary  of the Company,  and a purchase  contract for the  Company's  common
stock.  The number of shares of common stock to be purchased  under the purchase
contract  will be based upon the average  trading price of the stock at the time
the  contract is settled.  The joint book  running  managers  for the  mandatory
convertible unit offering will be JPMorgan and Morgan Stanley with Deutsche Banc
Alex. Brown as a co-manager;  JPMorgan and Deutsche Banc Alex. Brown will be the
joint book running managers for the common stock offering.

The offerings will be made pursuant to a registration  statement filed under the
Securities Act of 1933, as amended.  The Company expects to issue the securities
in  June.  This  press  release  shall  not  constitute  an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these  securities
in any state in which such offer,  solicitation  or sale would be  unlawful.  To
obtain a written prospectus relating to the mandatory  convertible units, please
contact:  JPMorgan,  60 Wall Street, New York, NY 10260 or Morgan Stanley,  1585
Broadway,  New York, NY 10036.  To obtain a written  prospectus  relating to the
offering of common stock, please contact: JPMorgan, 60 Wall Street, New York, NY
10260 or Deutsche Banc Alex. Brown, 1 South Street, Baltimore, MD 21202.

Kansas City  Southern  Industries  is a  transportation  holding  company  whose
primary  subsidiary,  The Kansas City Southern Railway Company,  is one of eight
Class I  railroads  in the United  States.  The  Company  also owns the  Gateway
Western  Railway  Company,  as well as having  investments  in The Texas Mexican
Railway  Company,  Transportacion  Ferroviaria  Mexicana,  and the Panama  Canal
Railway Company.  The combined rail network comprises  approximately 6,000 miles
of rail lines that link  commercial and industrial  markets in the United States
and Mexico.

Certain statements included in this news release are forward-looking  statements
within the meaning of Section 27A of the  Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Although Kansas City Southern Industries
believes that its  expectations  are  reasonable,  it can give no assurance that
these expectations will prove to have been correct. Factors that could cause the
Company's  actual results to differ  materially  from those  contemplated in the
forward-looking   statements  above  include,  among  others,  the  business  or
investment   considerations  disclosed  from  time  to  time  in  the  Company's
Securities and Exchange  Commission  filings or in other  publicly  disseminated
written documents.

Kansas City Southern Industries undertakes no obligation to update or revise any
forward-looking statement, whether as a result of new information, future events
or  otherwise.  For more  information,  review the  Company's  filings  with the
Securities and Exchange Commission.