Integration of Logistic Components in Panama

To become a global logistics center, Panama needs to efficiently integrate the various components involved in this sector.

Tuesday, March 22, 2011

Panama is already a leading player in world logistics, and most of its assets "provide excellent results individually, but lack a collective sense."

There is a lack of performance as a team. Connection among railways, roads and port system has not been completed and there is lack of integration between Tocumen Airport and the Colon Free Zone.

"The interruption during the connecting process creates bottlenecks which delay delivery of goods" noted an article in Martesfinanciero.com, "The master program in engineering and management in supply chain by Universidad Latina and Tecnológica de Panamá, in partnership with the University of Georgia Tech and Senacyt, could be the standard to follow if successful."

It also points out the opportunity in offering logistic services tailored to the needs of neighboring economies, considering that so far the main customer for the Panama Canal is the U.S.



More on this topic

Logistics: Can Competitiveness Be Restored?

January 2019

Investing in infrastructure that improves the connection between its main ports is one of the most determining factors for Panama to recover the competitiveness that is beginning to lose regionally and globally.

The Panama Maritime Chamber (CMP) presented its strategy "Maritime Vision Country 2019-2024", in which it analyzes that although the Canal was expanded and remains competitive at the port level in the region, the country needs to improve in terms of institutionality, human resources, infrastructure, processes and technology, to continue giving tools to the logistics sector to continue its development.

Panama: A Logistics Plan for Chiriqui

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In January 2016 the results of a study will determine whether it is feasible to build multimodal ports in Bocas del Toro and Chiriqui and develop a logistic plan for the region.

The Maritime Authority of Panama explained that the feasibility study is being developed by Nathan Associates, which will have to deliver the results in January 2016.

Results of the 2015 CADE

April 2015

Industry representatives stressed the need to "adopt technologies and invest in training in order to turn Panama into an efficient and world class logistics platform ."

During the 49th edition of the Annual Conference of Executives (CADE) 2015 the participants emphasized the need to strengthen the National Customs Authority with trained and well-paid human resources, in order to reduce the time spent on customs clearance because of lack of automation of information and personnel that manage it.

Logistics Congress in Honduras

April 2015

From 18 to May 20 Latin American companies in logistics sector will be meeting in Honduras to discuss issues on regional trade and business opportunities in the supply chain.

The 32nd edition of Alacat will be held on the premises of the Chamber of Commerce and Industry of Cortés (CCIC) and its main objective is to present "...