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

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Robert Brunner
Devereux

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search