Swiss Freight Forwarder Opens New Logistics Facility in Panama

PANAMA – The Unicomer group, headquartered in San Salvador and which has witnessed phenomenal growth, particularly in Central and South America, since entering the appliance and furniture retail sectors in 2000, has continued its partnership with freight forwarder and logistics specialist Kuehne + Nagel and this has led to the Swiss group opening a new Panamanian facility for the reception, storage and distribution activities of Unicomer's 1,000 plus stores in 24 countries.

The location selected for the new warehousing hub is in the Colon Free Zone, the second largest free trade zone in the world and the largest in the Western Hemisphere, bringing logistics benefits to Kuehne + Nagel´s customers and which the company says will facilitate access to new markets. Mabel Pacheco, Corporate Trade Manager of the Unicomer Group commented:

“We chose Kuehne + Nagel as our logistics provider due to its expertise in contract logistics and important presence in the region. On top of that, the warehouse location will also favour our business and competitiveness by its proximity to our main markets in Latin America, ensuring fast and cost efficient delivery to our stores.”

The location of the new facility is in a strategic location close to the newly expanded Panama Canal and Ricardo Rocha, Managing Director of Kuehne + Nagel Central America & Caribbean, said:

“We are pleased about the trust the Unicomer Group has placed in us and look forward to continuing this successful partnership by providing our innovative warehousing and distribution services. With the new facility in the Colon Free Zone, we are able to strengthen our position in a key market such as Panama, being an important hub for South & Central America as well as the Caribbean, by leveraging our end-to-end solutions offering.”