Logistics

Characteristics of Land Cargo Transport in Latin America

La edad de las flotas de camiones es elevada.

In a document entitled “Automotive Cargo Transport (TAC) in Latin America: Logistic Support for Production and Trade”, developed by José Barbero and Pablo Guerrero, and published by the Inter-American Development Bank (IDB) the characteristics of this sector, is outlined and its projections.

The report, in general, was carried out from various studies and includes 14 countries, revealing the enormous diversity of the sector. This is verified not only among the different countries, but also within […]

United States lends airport equipment to Panama

As part of joint efforts by Panamanian and US authorities to improve regional air transport safety, the US Transportation Security Administration (TSA) provided equipment for aviation security inspection to the Panamanian State.

This project, which began in 2015, comes after the resumption of the global commitment to strengthen civil aviation safety standards unanimously approved by the United Nations Security Council through Resolution 2309 of September 22, 2016.

The equipment loan will be carried out in […]

Agunsa and the challenge of adapting and innovating as a ship agent

Agunsa ofrece todo tipo de servicios a la industria marítima.

Waldo Caroca, manager of the Agunsa ship agency area, stressed the importance of this activity.

In the logistics chain of the maritime industry, the work of the agency is key because it assumes the representation and coordination of a series of activities that allow the normal operation of a ship in a port.

For this, the agency is invested with the legal representation of a shipowner or a charterer before the local authorities and competent […]

Wasted energy because of bad infrastructure

Represa Changuinola I.

By Marijulia Pujol Lloyd

Electric energy is the engine for a country’s development and Panama is investing in green energy to cut down its dependency on fossil fuel. For that reason, wind farms are becoming a good proposition and certain parts of the country where wind tunnels are formed like Penonome and Anton, in the Cocle; Santa Fe in Veraguas and the north of the Colón province have the ideal conditions to create them.

Cocle […]

Cosco Shipping Specialized Carriers increases net profit

Cosco ha registrado un aumento en sus ganancias.

Cosco Shipping Specialized Carriers, a multipurpose freight shipping company, recorded a strong increase in its net profits (not yet audited) during the first quarter ended March 31, 2017. This was mainly due to the high returns from its capital investments.

Profits for the first quarter of 2017 were $1.61 million, recording an astronomical increase of 1,104% compared to a gain of around $133,400 in the same period of 2016.

Cosco Shipping Specialized Carriers said the […]

Shipping company wants to link Dominican Republic with Puerto Rico

Balearia quiere conectar República Dominicana con Puerto Rico.

Spanish shipping company, Balearia, is interested in connecting the Dominican Republic with Puerto Rico, said the Dominican Chancellor, Miguel Vargas, who has met with executives of that company to discuss the issue.

“I have held meetings with the top executives of Balearia, a large Spanish shipping company that offers services in the Mediterranean and also in Florida and the Bahamas,” said Vargas during a conference he gave a few days ago at a lunch organized […]

Customs and procedures are modernized

AUPSA no aumentará costos a la carga de transbordo.

By Franklin Castrellón

As a result of concerns expressed in the Logistics Cabinet Permanent Consultative Council and agreements made in the Cabinet, next June the systems and payments made by electronic means will be modernized and will be initiated in the State entities that provide services to imports and exports, particularly to transshipments. This represents about 95% of the cargo handled at Panamanian ports.

The good news was confirmed this week to The Bulletin by […]