Panama Has the Lowest Logistics Costs in Latin AmericaThursday, April 2, 2009 Panamanian companies have a total logistics sales cost of 12.4% where the average in Latin America is 14.7%. These figures are the result of a survey conducted by the Latin America Logistics Center (LALC), at the request of the Chamber of Commerce and the National Secretary of Science, Technology and Innovation (SENACYT). The Latest Trends in LogisticsMonday, May 9, 2016 Intelligent supply chains which are able to learn what they do, and personalized services are part of the 26 trends that DHL predicts for the near future. From the press release by DHL: New Logistics Center for Cold Chain in MiamiMonday, December 9, 2013 Cold chain logistics improves for fresh produce exported by the region to the U.S. through the main port of Florida. From a statement by the Trade Promotion Office in Costa Rica: Costa Rica Plans Improvements in LogisticsWednesday, March 14, 2012 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. Rise in Tariffs on Transshipment ContainersMonday, May 30, 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. " The "Cons" of the Panamanian Logistics HubWednesday, July 25, 2012 Panama has proclaimed itself the No. 1 logistical hub in America, but there are still some weak links in the chain. According to businessmen interviewed by Melissa Novoa and Oscar Brown for an analysis in Martesfinanciero.com, one of the weak links in Panama’s logistics chain is that "logistics are still not moving towards comprehensive e-commerce." Panama Logistics Expo 2014Friday, September 12, 2014 Lectures will be provided as part of the event to be held in Panama City on October 23rd and 24th, addressing the progress and challenges of the sector in the region, competitiveness and development of logistics parks. Conference Program 2014 Expo Logistics Panama: Panama: Streamlining of Customs ProceduresThursday, January 12, 2017 The three local companies that were certified as AEOs will have priority in customs and will be able to carry out processes in less time and at less cost. From a statement issued by presidency of Panama: Freight Rates in Central AmericaMonday, November 19, 2018 Transporting one metric ton of goods in Central America is estimated to cost $0.17 per kilometer, while in developed countries the cost is around $0.10 per kilometer. Transporting cargo more efficiently remains the greatest challenge that the countries of the region face to improve their competitiveness. According to data estimated by the United Nations and validated by the Economic Commission for Latin America and the Caribbean, currently the costs that companies incur to transport cargo in Central America are up to 40% higher than the costs assumed in some developed markets. Opposition to higher fees in Puerto QuetzalFriday, October 17, 2014 Entrepreneurs from the logistics sector in Guatemala argue that the increase from 30% to 60% on import charges which came into effect on October 16th will reduce competitiviness. The new tariff schedule includes a $38 payment per inspection using scanners, among other costs incurred in handling cargo, which in the end will result in price increases for the consumer. Freight Transport: Freight Cost Up 10%Wednesday, June 2, 2021 Salvadoran carriers estimate that between January and May 2021, the cost of freight between El Salvador and Guatemala has increased from $500 to $548, a rise that is largely explained by the increase in the price of diesel. Representatives of the Asociacion Salvadorena de Transportistas Internacionales de Carga (ASTIC) state that in recent months the price of a gallon of diesel has increased by $0.63 in the central zone. Cost of Operating in Acajutla Could Rise 16%Monday, April 27, 2015 Maritime industries say that if the new rates requested by the Autonomous Executive Port Commission are approved, logistics costs will increase by 16%. The current tariff was established in 2005 but when it comes time to paying at the counter this rate increases because of additional charges, it is for that reason that the Superintendency of Competition (SC) through means of a study is proposing a revision and update of the existing rates, adding in these elements. Outsourcing Logistics Services in Costa RicaMonday, November 17, 2014 There is growing confidence by businesses to delegate to specialized companies the storage, management and distribution of their inventory. Another service offered by companies that focus on managing inventories for third parties is the labeling of products to help companies promote their products in the market. This trend of outsourcing inventory management is on the rise in Costa Rica, allowing companies to "... More Investment Needed in LogisticsThursday, March 15, 2012 Distribution and logistics are booming areas in businesses, who need to invest more in process automation and improving delivery times. The international consulting firm Miebach, from Germany, has conducted for the first time a regional study on distribution and logistics among Central American companies, with the participation of 238 companies, 80 of them in Costa Rica (39% of the total). Trade Agreements, Challenges and OpportunitiesThursday, April 8, 2021 The time and cost of maritime routes between Costa Rica and China, and the capacity that the food industry develops to take advantage of existing opportunities, are factors that in the coming years will influence the evolution of the FTA signed between the two countries. Ten years after the entry into force of the Free Trade Agreement between China and Costa Rica, Costa Rican authorities assure that they are in a continuous negotiation process involving the National Animal Health Service (Senasa) and the State Phytosanitary Service (SFE). |
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