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As the name suggests, Panama owns the canal. Opening in 1914, the US-built canal was under US administration until a 1977 agreement called for its ultimate transfer to Panama.
Maersk on Jan. 10 told customers on one key route that it is switching cargo from the Panama Canal to a “land bridge”—Panama Canal Railway Co. (PCRC), which CPKC (Canadian Pacific Kansas City) and ...
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.
Panama Canal Railway will retain its brand, leadership and operational structure under APM Terminals’ ownership, the spokesperson said. The current management team will also remain in place.
April 2 (Reuters) - Canadian Pacific Kansas City (CP.TO), 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 ...
Shortly after taking office, TR said of the Panama Canal that, "No single great material work which remains to be undertaken on this continent is as of such consequence to the American people." ...
On a recent on-site report for NBC News from The Republic of Panama, correspondent Andrea Mitchell stated that the Panama Canal Treaty, signed by President Jimmy Carter and Panamanian leader Omar ...
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 ...