Logistics and Customs agents have reported inconsistencies in the application of standards and inefficiency and slowness of the computer systems used in Panama Customs processing.
Although the country is the main logistics hub in the region, businessmen and Customs brokers indicate the presence of obstacles, such as poor management of the SIGA computer system, affecting the service and preventing improvement of the competitiveness of Panamanian trade.
The Logistics Business Council (COEL) was founded on February [...]
Muon tomography may sound like a medical or science fiction term, but it is actually a scanning technology available today that threatens the X-ray.
This was the explanation given to members of the Panamanian Association of Cargo Agents by Mr. Hampton Dowling, Managing Partner of HCB Group, LLC.
After explaining the dangers and disadvantages of X-ray scanners, Mr. Dowling explained that in outer space, the high-energy protons are omni-present, and on entering the Earth’s upper [...]
On November 5 and 6, logistics industry experts gathered in San Jose, Costa Rica, to discuss issues such as the impact of the deterioration of infrastructure on the economies of Central America.
The event was organized by the Latin American Center for Competitiveness and Sustainable Development (LACCSD) focusing their analysis on the status of ports, airports, roads and border crossings and their impact on the economies of the region.
Víctor Umaña, deputy director of LACCSD, [...]
The Panama Canal expansion will open new opportunities that must be taken advantage of in the field of logistics and value added areas, according to representatives of free zones. One of such emerging sectors has to do with the value added chains.
Ricardo Muñoz Tejeira, of the Association of Free Zones in Panama, said one example of this opportunity is China, which “gives a special status to goods that are assembled, manufactured, processed or finished [...]
Parque Industrial Marítimo, S.A. (PIMSA), the concession holder of the fuel tank farm in Arraiján, gave up four areas to the Singapore Ports Authority (PSA) – PSA Rodman Panama International Terminal – a company that is developing a container port at the Panama Canal Pacific entrance.
The Administrative Unit of Reverted Properties (formerly ARI) of the Ministry of Economy and Finance (MEF) approved an addendum – the third – to the contract agreed in 1997 [...]