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 ...

In a post on his Truth Social platform, the US president claimed on Saturday that both routes would 'not exist' without the ...

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 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 ...

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 ...

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 ...

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 ...