Panamanian Logistics Sector in 2011

After a good 2010, Panama expects the logistics industry to continue to grow in volume and revenue during 2011.

Friday, February 4, 2011

Both government and the private sector are working together to improve conditions which will strengthen the sector's growth.

Among main events is the visit to Panama of the Retail Industry Leaders Association (RILA), one of the largest organizations of U.S. retailers. The visit is jointly organized by the ACP, the Ministry of Commerce, Manzanillo International Terminal, Panama Canal Railway, Panama Ports Company, London & Regional and COPA Airlines.

According to the article by Angel Lopez from, Rodolfo Sabonge, Vice President of Research and Market Analysis of the ACP, said about RILA: "More than 100 thousand stores operate in this organization with $ 1.400 million dollars in annual sales. The visit is scheduled for completion after the February 23 RILA annual meeting in Orlando, Florida, including a panel on Panama as an ideal place to centralize the logistics operations and transportation for the Latin American market."

It also highlights the 2011 implementation agreement between the Government and Georgia Tech University where students will attend a Master in Supply Chain in Panama for six months and then six months at Georgia Tech.

More on this topic

Rise in Tariffs on Transshipment Containers

May 2016

I Panama companies warn that container traffic will drop if the implementation of the new tariffs for food import inspections are not stopped.

The Business Council Logistics (Coel) is concerned that if the new tariffs do come into force of on July 3, "... the window will open for other state institutions to suggest similar increases, putting at risk the second most important sector of the Panamanian economy after the Panama Canal. "

Logistics Event in Panama

February 2014

On March 25 international and local experts will discuss the logistical impact on the region of the expansion of the canal at the Panama Logistic Summit event.

On March 25 national and foreign experts will be attending the "Panama Logistic Summit". At the event, which is organized by the Maritime Chamber of Panama with the support of the Ministry of Commerce and Industry, discussions will be held on the logistical impact on the region of the enlargement of the Panama Canal.

Integration of Logistic Components in Panama

March 2011

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

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

The Maritime Industry Impacted by the Crisis

February 2009

Compared to the 2007 record of 8 billion tons in transports, global maritime commerce fell substantially in 2008, dragged down by the crisis.

A good indication of this is the decrease in the Baltic Dry Index, which is composed of the prices of the maritime transportation of dry cargo.