From Yahoo Finance: 2025-04-02 10:54:00

Canadian Pacific Kansas City and Lanco Group have sold the Panama Canal Railway Company to Maersk. The deal aims to help Canadian Pacific focus on its core assets in Canada, the U.S., and Mexico. Maersk’s CEO sees the acquisition as a strategic infrastructure investment. The railway company generated $77 million in revenue last year.

The sale comes amid concerns about foreign presence in the Panama Canal. Trump’s administration has threatened to take over the canal. CK Hutchison recently agreed to sell key ports near the canal to BlackRock. However, the deal may be delayed due to China’s criticism. The situation remains uncertain.

The deal highlights the shifting landscape of infrastructure investments in the region. Maersk’s acquisition of the Panama Canal Railway Company underscores its commitment to intermodal container movement services. The future of the Panama Canal and its surrounding assets remains a topic of interest and concern.



Read more at Yahoo Finance: Denmark’s Maersk buys Panama Canal Railway Company