Maersk-owned port operating firm APM Terminals has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City (CPKC) and the Lanco Group/Mi‑Jack. PCRC, which has been a 50/50 joint venture between CPKC subsidiary Kansas City Southern and Lanco Group/Mi-Jack since its formation in 1998, operates a 76-km (47-mile) single-line railway adjacent to the […] The post APM Terminals buys Panama Canal Railway Company appeared first on Container News .