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 ...

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) ...

PCRC 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/Mi-Jack since its ...

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 ...

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 ...

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 ...

PANAMA CITY — U.S. Secretary of Defense Pete Hegseth said April 8 the Panama Canal faces ongoing threats from China, but together the U.S. and Panama will keep it secure. Speaking at a ribbon-cutting ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

President-elect Donald Trump has repeatedly suggested the United States take over the Panama Canal, a shipping waterway that cuts across Central America, unless fees for using the canal are lowered.

The Panama Canal’s operator plans to sell rights to two plots of land reserved for the construction of two new ports, as the government agency aims to curb the influence of any one ocean carrier on ...