Denmark’s Maersk Buys Panama Canal Railway Despite Trump Threat

Danish shipping powerhouse A.P. Moller-Maersk A/S purchased a railway linking ports at both ends of the Panama Canal, undermining the US’s presence along a key trade route where Donald Trump is trying to elbow out competitors.

Maersk’s port operator, APM Terminals, acquired the Panama Canal Railway Company, the owner of the line that stretches across the isthmus nation, from a joint venture between Canadian Pacific Kansas City and the US’s Lanco Group.

“The sale of this non-core asset creates value for our shareholders and reflects our commitment to optimize our assets as we focus on growing our ...