the fastest-growing refrigerated storage and logistics service provider in Latin America, announced today the expansion of its temperature-controlled facility located in Panama City, Panama. This planned expansion will add more than 8,300 pallet positions to the facility, bringing its total capacity to 28,300 pallets. With this investment, the company will strengthen its Central American operations and meet customers’ growing demand for cold storage and logistics solutions.
Panama is a recognized logistics hub for the Americas due to its easy access to the Atlantic and the Pacific Oceans, comprehensive air and sea connectivity through the Panama Canal, essential ports and special economic zones. In addition, Panama enjoys one of the highest GDP growth rates in Latin America over the last ten years.