2001 Reconstruction
In 2001, the railroad was reopened after a large project to upgrade the railway. On June 19, 1998 (1998-06-19), the government of Panama had turned over control to the private Panama Canal Railway Company ("PCRC"), a joint venture between the Kansas City Southern Railroad and privately held Lanigan Holdings, LLC. The rebuild project should enable handle shipping containers, as a complement to the Panama Canal in cargo transport. Two container handling terminals were created: on the Atlantic side a platform near the Manzanillo International Terminal (Colón), and the Pacific Intermodal Terminal near Balboa harbour. There are passenger stations in Colón (called Atlantic passenger station) and Corozal railway station 4 mi (6 km) from Panama city. No other stations exist.
Read more about this topic: Panama Canal Railway