Home / Knowledge / News / Apparel/Garments / Future of logistics into Panama's fashion & apparel sector
Future of logistics into Panama's fashion & apparel sector
23
Aug '12
A partnership to promote imports and re-exports of apparel and fashion between Asia, the Colon Free Zone (CFZ) and Latin American destinations was signed by the Panamanian company Exclusive Brands Logistics Corp (EBL) and Damco Panama. The logistics deal is the first of its nature for the fashion industry in Panama. The hub will handle approx. 35,000 CBMs of goods per year.
 
EBL is a leading provider of value-added services, including packing and labelling, to the fashion and apparel industry in the CFZ, the commercial distribution centre located at the Atlantic gateway of the Panama Canal.  
 
Under the agreement, EBL will provide specialized services for luxury fashion brands while Damco, the logistics arm of A.P. Moller–Maersk Group and one of the world’s leading 3PLs, will provide supply chain, transportation and freight forwarding services from source to final destination. Together, EBL and Damco will promote Panama as the logistics service centre to regional and global businesses looking for strategic, cost–competitive solutions to bring products to the Americas. 
 
"In this partnership there are three key points: the origin of the purchase, the CFZ and the final destination of the goods.  EBL does the value added logistics service in our Panama facilities and Damco does the transportation and international supply chain, allowing customers to focus on their purchasing and sales,” said EBL Managing Director Alfredo Maduro. 
 
The current evolution in Panama’s logistics infrastructure will be a game-changer for inbound supply chains from Asia to the Americas. Customers looking to develop transformational hub and distribution solutions will be able to move decision-making much closer to the final markets and react more quickly to changes in supply and demand, ultimately providing better service to their end customers, according to Alison Clafin, Chief Commercial Officer in Latin America for Damco. 
 
“There are vast opportunities in Latin America as the region renovates infrastructure and rising income levels result in unprecedented consumer spending,” said Clafin. “With EBL, our combined strengths in the retail, fashion and lifestyle sector will allow us to bring solutions to global customers wanting to expand strong brand presence with tangible savings from decreased inventories as well as lower warehousing and transportation costs,” Clafin concluded.  
 
In Panama, Damco has warehousing facilities on both the Atlantic and Pacific side, with operations in Panama Pacifico Special Area, in the Corozal processing zone and the industrial area of Parque Sur.
 
EBL is a logistics company of the Maduro family with over 40 years of experience with lifestyle business andactivities in the CFZ. EBL manages luxury brands such as Ralph Lauren, Calvin Klein, Michael Kors, Anne Klein and Izod, among others. 
 
Damco is one of the world’s leading third party logistics providers specialising in customised freight forwarding and supply chain solutions. 

Damco

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X