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flag Maersk buys Panama Canal Railway, reducing US influence and enhancing trade route control.

flag Danish shipping company Maersk has bought the Panama Canal Railway from Canadian and US owners, reducing US influence over this key trade route. flag The railway, connecting the Atlantic and Pacific oceans, generates $77 million in revenue and $36 million in EBITDA annually. flag Maersk plans to use the railway to improve its intermodal logistics services, offering an alternative for cargo movement during canal congestion. flag The deal comes amid tensions over foreign control in the region, particularly concerns about Chinese influence.

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