The Hyperlogistics Group In Ohio Is Excited About Panama's Competitive Options For The International Trade Market!
Online, May 24, 2011 (Newswire.com) - The completion of the Panama Canal Expansion Project in 2014, will improve consistency in ocean services and allow the US Ports valuable transportation options for servicing all US markets.
Panama has existing service options that are second to none. Some of the most desirable services about the Panama Canal are already in existence.
• Panama is the 2nd most competitive economy in Latin America and has the largest colon free trade zone in the western hemisphere.
• Panama has affordable financial services, competitive labor rates and houses a 1-stop government shop for agency services.
• Extensive telecommunications network
• Tax incentives for the establishment of multi-nationals.
• Ex-patriot housing developments
• Dollarized economy / English speaking
The Hyperlogistics Group, a third party logistics provider in Columbus, Ohio, is strategically located adjacent to the Rickenbacker Norfolk Southern Rail Terminal and Heartland Corridor. A special overweight road system, legally handling containers loaded to capacity, travels to and from the Hypoerlogistics' facility; thus, eliminating the cost of adjusting the weight onto trucks and creating multiple loads for the public highway system. In addition, Hyperlogistics can pick up inbound containers, off-load and store in their facility the same day of arrival at Rickenbacker, thus filling orders the next day.
The bottom line is The Panama Canal will provide options to the current world trade market into the U.S. Importers and Exporters will be able to evaluate their most cost-effective route while reducing their shipping time!