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Proposal would connect Brazil’s Atlantic Ocean coast to Peru’s Pacific port of Chancay, cutting shipping times to Asia by up ...
The 50-mile Panama Canal was a multi-national, multi-decade project to link two oceans and transform global shipping. After completion in 1914, the canal helped turn the United States into an ...
April 2 (Reuters) - Canadian Pacific Kansas City , opens new tab said on Wednesday it and U.S.-based Lanco Group have sold the Panama Canal Railway Company to a unit of Denmark's Maersk , opens ...
China and Brazil signed a memorandum of understanding to study a transcontinental railroad connecting Peru's Pacific coast ...
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APM Terminals acquires Panama Canal Railway from CPKC and Lanco Group/Mi-Jack - MSNThe 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 ...
A.P. Moller-Maersk purchased a railway linking ports at both ends of the Panama Canal, undermining the U.S.'s presence along a trade route where Donald Trump is trying to elbow out competitors.
Following 28 years of joint ownership, Canadian Pacific Kansas City (CPKC) and the Lanco Group/Mi-Jack have sold the Panama Canal Railway Company (PCRC) to APM Terminals, a global terminal operator ...
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 ...
In 1977, President Jimmy Carter signed a treaty with Panama to gradually transfer control of the 51-mile canal to the nation it bisects, and on Dec. 31, 1999, Panama assumed full control of the canal.
CALGARY, Alberta — Canadian Pacific Kansas City (NYSE: CP) and the Lanco Group/Mi-Jack have sold the Panama Canal Railway to APM Terminals, a global terminal operator and an independent division ...
The deal comes at a time when U.S. President Donald Trump's administration has threatened to take over the canal - built by the United States and returned to Panama in 1999 - over allegations of ...
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