Danish shipping logistics company A. P. Moller-Maersk A/S has acquired a railway connecting seaports on both sides of the Panama Canal, limiting the U.S. presence on a key trade route. This is ...

Denmark's Maersk buys Panama Canal Railway Company 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 ...

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 ...

today said CPKC and the Lanco Group/Mi-Jack have sold the Panama Canal Railway Company (PCRC) to APM Terminals, a global terminal operator and an independent division of A.P. Moller - Maersk. RealTime ...

Maersk also finalised the acquisition of the Panama Canal Railway Company, which will now be integrated into its Ocean network to boost intermodal connectivity across the Americas.

The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture at Northwestern University this week, in which he ...

Panama Canal is a critical artery for global trade, which is facing a host of challenges, from recurring droughts to long ...

A recently approved expansion plan will double canal capacity by 2015. In late August, traffic jams at the Atlantic and Pacific entrances to the Panama Canal impeded a healthy chunk of the world's ...

The number of vessels that passed through the Panama Canal rose to an average of 34 per day for a total of 1,021 transits last month, from an average of 33.7 per day in March, according to a ...

As the canal’s traffic has grown, prolonged droughts have hampered its operations. In 2023, a drought driven largely by the El Niño weather phenomenon forced the Panama Canal Authority (ACP ...

"If the project goes ahead, it will take away our entire future," Troya added. The Panama Canal Authority , the autonomous public entity that operates the waterway, decided to build the reservoir ...

Completed in 1914, the Panama Canal is a marvel of modern engineering. An artificial 51-mile waterway that cuts through the Isthmus of Panama, the Canal connects the Pacific Ocean and Caribbean Sea ...