APM Terminals buys Panama Canal Railway from CPKC, Lanco Group/Mi-Jack

Published on Wednesday, April 2, 2025 by FreightWaves | Found on Glideslope.ai
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 of A.P. Moller-Maersk (XCSE: MAERSKa). The 47.6-mile railway provides ocean-to-ocean freight and passenger services along the Panama Canal and has been a 50/50 joint venture […] The post APM Terminals buys Panama Canal Railway from CPKC, Lanco Group/Mi-Jack appeared first on FreightWaves.
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Sentiment Score: 0.00 - Neutral sentiment.
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