CEVA focuses on expanding in Panama
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.
in the NewsKnight-Swift to add 400 trucks, drivers with Abilene tuck-in acquisition Panjiva says trade fundamentals are strong, despite concerns over tariffs NEXT Trucking and Mitsui O.S.K. Lines partner to service SMEs Solving the Labor Shortage Crisis: The Four Benefits of an Automated Warehouse CBRE research points to expected gains in cold-storage warehouse space More News
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 AuthorJeff 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. Contact Jeff Berman
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!
Reverse Logistics in the “Age of Entitlement” Logistics Management’s Viewpoint on E-commerce: Leveraging available tools View More From this Issue