While continuing Houthi attacks are having a devastating effect on Suez Canal containership traffic, natural forces, namely drought conditions, are taking their toll on container traffic through ...

CALGARY, AB, April 2, 2025 /PRNewswire/ - 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) ...

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 Trump is trying ...

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 ...

A.P. Moller – Maersk division APM Terminals has purchased the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City (CPKC) and the Lanco Group/Mi-Jack. PCRC is a 76km railway adjacent ...

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. One country's drought is ...

Maersk avoids Panama Canal for some of its vessels due to low water levels Company's OC1 service will utilise rail to transport cargo across Panama Some delays expected for southbound vessels Hapag ...

Renewed international debate over the Panama Canal has revealed something deeper than a mere sovereignty dispute.

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 shipping ...

UCIZONI members protest at the ‘Tierra y Libertad’ camp against the rail corridor funded by Mexican President ‘AMLO’. Credit: UCIZONI. The Mexican government’s promise to invest $2.85bn in the ...

(RTTNews) - Canadian Pacific Kansas City Limited (CP.TO), Wednesday announced that the company along with the Lanco Group/Mi-Jack sold the Panama Canal Railway Company to APM Terminals, an independent ...