Canadian Pacific Kansas City said on Wednesday it and U.S.-based Lanco Group have sold the Panama Canal Railway Company to a unit of Denmark's Maersk , one of the world's largest container shipping ...

The 47.6-mile railway provides ocean-to-ocean freight and passenger services along the Panama Canal and has been a 50/50 joint venture between CPKC subsidiary Kansas City Southern and Lanco Group ...

Danish shipping powerhouse A.P. Moller-Maersk A/S purchased a railway linking ports at both ends of the Panama Canal, undermining the United States’ presence along a key trade route where Donald ...

as the new operator of the Panama Canal railway is generating optimism in the Central American country, given the expectations that this strategic step by the Danish giant will favor the ...

APM Terminals acquired the Panama Canal Railway Company from Canadian Pacific Kansas City, according to an April 2 press release. The Panama Canal Railway is a 47-mile single-line railway adjacent ...

Canadian Pacific Kansas City and venture partner Lanco Group sold their business providing ocean-to-ocean freight and passenger services along the Panama Canal to an independent division of ...

Trump may want to turn back the clock on half a century of incompetent negotiation and poor deal-making, but legally, he has ...

When American officials state one version of reality while Panamanian officials assert another, international audiences ...

The Panama Canal Railway operates a 76km railway along the Panama Canal. Credit: APM Terminals. A.P. Moller – Maersk division APM Terminals has purchased the Panama Canal Railway Company (PCRC) from ...

(Reuters) - Canadian Pacific Kansas City said on Wednesday it and U.S.-based Lanco Group have sold the Panama Canal Railway Company to a unit of Denmark's Maersk , one of the world's largest ...

Source: Panama Canal Railway In late 2023 and early 2024, the railway picked up 20% more business due to low water levels in the canal. Panama imposed drought-related draft limitations on ships ...