Subscribe to our free, weekly email newsletter!


CEVA focuses on expanding in Panama

By Jeff Berman, Group News Editor
March 03, 2014

Global third-party logistics (3PL) services provider CEVA Logistics recently announced it expanded its presence in Panama City, Panama to a new logistics park there.

CEVA said the new location, which has three times the capacity of its previous location there and based at the Parque Sur Industrial Park, is comprised of 4,400 square-meters, with capacity for 7,000 pallet positions, 10 meters of free height, and is in close proximity to the Panama Tocumen Airport as well as major highways. And the company also noted it has electric ramps to accomondate a truck’s floor level and save loading dock time, a RedPrairie WMS, and a heavy-duty racking system designed for increased load capacity.

CEVA has had a presence in Panama since 2005.

“CEVA’s customers drove the need for new space,” a company spokesman told LM. “We want to ensure that we have the space to provide growth opportunities for our customers. As our customers grow, they need the right space to make a global footprint meaningful.”

CEVA serves 300 customers out of this location and also has two other Panama-based operations at the Tocumen airport cargo terminal and at the Colon Free Trade Zone.

And with three times the number of dock doors compared to its previous facility, CEVA said that these doors are allocated for its Freight Management operation, which includes Air and Ocean transportation and trucking and domestic cross-dock activities. 

“This new facility also gives us room to expand our customer base and our service offering in Panama,” said Edgar Urrutia, CEVA’s Country Manager in Panama, in a statement.  “We have been running at close to 100 percent capacity in our former location, so this new warehouse will enable us to continue to grow and meet the strong customer demand for logistics services that we see in this market.”

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The trend of rising weekly diesel prices remains intact, with the Department of Energy’s Energy Information Administration (EIA) reporting this week that the average price per gallon of diesel gasoline increased 1 cent to $2.914 per gallon.

When the United States House of Representatives last week voted extend current law and authorizes surface transportation programs through the end of July by a steep margin, it was widely expected that the United States Senate and follow their lead. That is exactly what happened on Friday, May 22, with the measures headed to President Obama to be signed into law.

For the month of April, Cass and Avondale found that truckload rates in April, which measures truckload linehaul rates paid during the month, were up 3.8 percent annually, while intermodal dropped 1.9 percent annually during the same period.

Following the Pacific Maritime Association (PMA) signing off on ratifying a new five-year contract with the International Longshore & Warehouse Union (ILWU) on May 20, the ILWU followed suite on May 22, saying that 82 percent of its longshore worker members voted to ratify the tentative contract agreement between the parties that was reached on February 22.

Straying from its typical seasonal trajectory, United States-bound waterborne shipments dipped from March to April, according to data recently issued by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Article Topics

News · Global Logistics · CEVA · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA