WCO Workshop Enhances Panama Customs Valuation Practices

WCO Workshop Enhances Panama Customs Valuation Practices

With the support of the China Customs Cooperation Fund, the World Customs Organization (WCO) held a virtual workshop on customs valuation for Panama Customs, aiming to enhance its capacity to implement the WTO Agreement on Customs Valuation. The workshop covered key concepts, latest developments, and post-clearance audit applications of the Agreement. Through a combination of theory and practice, it improved participants' skills in document review, customs clearance, and risk management. The WCO will continue to deepen cooperation to support global customs capacity building and promote trade prosperity.

12/30/2025 Customs Knowledge
Read More
CEVA Logistics Opens New Panama Logistics Park

CEVA Logistics Opens New Panama Logistics Park

CEVA Logistics has announced the expansion of its operations in Panama City with a new logistics park, tripling its previous footprint. The facility is equipped with advanced logistics technology and equipment, designed to provide customers with more efficient and reliable logistics services and support their global business growth. This expansion demonstrates CEVA Logistics' confidence in the Panama market and its plans to continue investing in the region to meet the growing logistics demand.

01/28/2026 Logistics
Read More
US Seaports Expand Boosting Logistics and Real Estate

US Seaports Expand Boosting Logistics and Real Estate

A Jones Lang LaSalle report indicates fierce competition in the US maritime market following the Panama Canal expansion, yet developers and investors are optimistic about port prospects. Port real estate outperforms the overall industrial market, driven by trade growth and the 'port-centric' model. The report highlights export-driven inland development opportunities, but notes limited large-scale warehouse space and infrastructure bottlenecks hindering growth. Future investment and network optimization are crucial to unlock the full potential of the US maritime market. Overcoming these challenges will be key to capitalizing on the increasing trade volume and solidifying the US as a global trade leader.

02/03/2026 Logistics Industry Insights
Read More
Suez Canal Reopens Amid Global Supply Chain Challenges

Suez Canal Reopens Amid Global Supply Chain Challenges

The Suez Canal reopening eased some pressure, but the backlog of ships will impact global supply chains. Companies should pre-book slots, optimize transport routes, strengthen supply chain collaboration, and, in the long term, diversify, digitalize, regionalize, and green their operations to enhance resilience and address future challenges. The congestion caused by the incident highlights the fragility of global trade and the need for businesses to proactively manage potential disruptions to their supply networks. This proactive approach is crucial for mitigating risks and ensuring business continuity in an increasingly volatile global landscape.

01/19/2026 Logistics Industry Insights
Read More
Retailers Face Supply Chain Strains Postsuez Canal Blockage

Retailers Face Supply Chain Strains Postsuez Canal Blockage

The Suez Canal blockage exposed the fragility of global supply chains. Retail giants like Walmart and H&M, heavily reliant on maritime transport, faced inventory shortages and increased shipping costs. Companies should diversify their supply chains, increase inventory reserves, and strengthen risk management to improve supply chain transparency and resilience. This includes identifying vulnerabilities, developing contingency plans, and investing in technology for better visibility. Proactive measures are crucial to mitigate future disruptions and ensure business continuity in an increasingly uncertain global environment.

01/19/2026 Logistics Industry Insights
Read More
La Palma Port Key to Eastern Panama Trade

La Palma Port Key to Eastern Panama Trade

La Palma Port is an estuary port located in Darién Province, Panama, at the mouth of the Tuira River. It serves the route between Panama City and Yaviza, primarily handling cargo such as logs and plantains. As the capital of Darién Province, this small port is crucial to the regional economy. Its annual throughput is approximately 51,000 tons, and it has the potential for further development in the future. It plays a vital role in connecting remote communities and facilitating trade within the region.

09/29/2025 Port Encyclopedia
Read More
Panama Company Agent Certification Compliance Tips and Risks

Panama Company Agent Certification Compliance Tips and Risks

This article focuses on the application for Panama company agency certificates, providing a detailed analysis of official acceptance agencies, common risks, and corresponding strategies. It also recommends mainstream service providers. Emphasizing the importance of compliance and professional services, the aim is to help businesses efficiently and compliantly complete the application process, reducing the risks associated with cross-border operations. The guide highlights crucial steps for obtaining the necessary documentation and navigating the legal landscape effectively.

01/15/2026 Customs Knowledge
Read More
IATA Opens Aviation Training Center in Panama City

IATA Opens Aviation Training Center in Panama City

This article provides a detailed overview of the IATA Training Center located in Panama City, covering its geographical location, training environment, curriculum, and advantages of choosing this center. With its prime location, professional instructors, and practical course content, the center offers students an ideal platform to enhance their professional skills and expand their career paths. It emphasizes the benefits of the center's strategic placement within Panama City and how this contributes to a valuable learning experience for aviation professionals.

01/20/2026 Airport Codes
Read More