APM Terminals acquires the Panama Canal Railway Company
At a time when Panamanian transport infrastructure is making regular headlines, Maersk’s ports arm APM Terminals has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City and the Lanco Group/Mi‑Jack for an unspecified sum. PCRC operates a 76 km single-line railway adjacent to the Panama Canal that mainly facilitates cargo movement between …
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