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 ...

Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) (CPKC) today said CPKC and the Lanco Group/Mi-Jack have sold the Panama Canal Railway Company (PCRC) to APM Terminals, a global terminal ...

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 ...

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 ...

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 ...

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

Canadian Pacific and the Illinois-based conglomerate have equally owned Panama Canal Railway Co. since it was formed in 1998. The Panama company last year generated revenue of $77 million and earnings ...

Danish shipowner AP Møller-Maersk has acquired a railway connecting the ports at either end of the Panama Canal, in a deal that loosens US control of the train link just as President Donald Trump ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Danish shipowner AP Møller-Maersk has acquired a railway connecting the ports at either end of the Panama ...

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 ...

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 ...