Multimodal transport and logistics are among the topics that will be addressed in the international trade fair taking place on October 22nd - 24th in Panama City.
From a press release issued by the Chamber of Commerce, Industries and Agriculture of Panama:
Comprehensive services such as International Trade: Freight, Shipping, Ports and multimodal Logistics.
Organization that operates in Honduras
Phone: (504) 2504 9641 - (504) 2504 9640
So far 95% of the logistical movement in Panama is by sea, making it necessary to integrate land and aerial means in order to consolidate the country as a global hub.
The Panama Canal is the largest global hub of shipping routes, which naturally positions the country as a logistics hub.
Improved logistics in the transport of goods is the goal of a government project that will be supported by the Georgia Tech Supply Chain & Logistics Institute.
According to a press release from the Presidential House, “It was agreed to create an executive committee to define the content and track a project to improve logistics in the transport of goods in Costa Rica, which has the support of Georgia Tech Supply Chain & Logistics Institute. This project is seen as particularly important since several studies indicate that while in Latin America logistics costs hover between 18 and 40% of product value, in developed countries such costs hover between 8 and 10% of the product.
Panama's advantages in combining sea, air and rail transport will be featured at the XVI International Maritime Conference and Exposition.
Businessman Eduardo Segura emphasized that Panama’s advantage in business regarding logistics lies in its capabilities as a multimodal center, where railway, ports, air and sea freight used simultaneously are the country’s greatest strength, which must be further advanced.