Following 28 years of joint ownership, Canadian Pacific Kansas City (CPKC) and the Lanco Group/Mi-Jack have sold the Panama Canal Railway Company (PCRC) to APM Terminals, a global terminal operator and an
The Port Authority of New York and New Jersey (Port Authority) will extend its operating lease agreement with APM Terminals by 33 years, “securing major investments and capacity enhancements” at its second-largest
The Herzog/Stacy and Witbeck Joint Venture has wrapped up construction on a $73 million rail expansion project at Pier 400, the Port of Los Angeles, Calif., reported July 10. The project,
CN and partners Alabama Export Railroad and Ray-Mont Logistics are kicking off the first phase of a new Mobile, Ala.-based logistics park, which is expected to open in late 2021. Its aim is to offer a new option for shipping bagged plastic resins from the Port of Mobile.
