Our offices are centrally located in Panama City and the Colon Free Zone at the heart of the Hub of the Americas. We have an experienced and professional staff with a “CAN DO” attitude who are at your disposal with the aim of giving you the best service in the market.
The Panama Canal revolutionized shipping and world commerce over a 100 years ago. But in 2021, the bicoastal country of Panama is expanding its strategic location by becoming a regional logistics hub. Because it has plenty of competitive advantages for international corporations, it stands apart from other ports in Latin America.
Today, the goals for JAS Panama are clear: to develop its hub-related services in the Central, South American, and Caribbean regions as well as to exponentially grow operations by 2024. This will lead the way to increase the JAS presence in the near future.
The actions JAS Panama has taken over the last six years have been key in getting operations on the right path. JAS Panama has located a better and bigger warehouse at the Colón Free Zone on the Atlantic coast, attracting global accounts to set up their regional distribution hub. This is the case with companies like Ricoh, one of JAS Panama's top local clients. JAS is expanding its Panama cargo consolidation services as well, broadening the reach within the area, taking advantage of the reduced transit times for regional distribution, either from Europe or Asia.
Over 80 major shipping lines connect Panama with all regional ports. The ports of Atlantic (4,454,902 TEU), and the Pacific (3,161,657 TEU), just an hour apart by land, are the top 2 most active port clusters in LATAM. Using Colón as the JAS Panama hub, the average transit times for inbound and outbound ocean freight cargo improve considerably which allows companies to experience a faster time to market. Panama City’s Tocumen Airport is also the best connected in the region, covering over 100 destinations and 132,000 annual flights.
Moving cargo through Panama’s Free Zone is duty-free for all imports and exports, with the added advantage that income tax is greatly reduced via government incentives. This has led many multinational companies to establish their regional headquarters in Panama, which in turn has created a positive impact for local shipping and logistics industries.
Colón is the second biggest free zone in the world after Hong Kong and its market share continues to grow at a steady pace. A few years ago, the Panama Canal expansion widened its route to accommodate post Panamax vessels. This has provided new avenues for global commerce.
Following the JAS industry support philosophy, regional clients include companies from varied industries such as telecommunications, computer technology, business solutions, manufacturing, and food & beverage. JAS has also been able to grow within the e-commerce market, putting the company on the map and providing experience that will surely benefit JAS' global operations.
There is a great deal to say about Panama, a “hub of hubs”, as some experts call it, and all its benefits for JAS Worldwide and our ever-growing family of clients.
JAS Worldwide, the global freight forwarding services provider headquartered in Atlanta, Georgia, is pleased to announce that it has signed a Share Purchase Agreement to acquire Greencarrier Freight Services International AB, the freight forwarding, logistics, and supply chain management division of Greencarrier Group, once all regulatory approvals have been obtained from the relevant authorities.
Headquartered in Gothenburg, Sweden, Greencarrier Freight Services International operates through offices in 11 countries with 800 employees. Greencarrier offers smart and sustainable logistic solutions and supply chain management services.
Marco Rebuffi, CEO of JAS, said, "Through the acquisition of Greencarrier Freight Services, JAS is making a strategic acquisition to add to its position in the Nordic, Baltic, and Eastern European regions and strengthen existing operations in UK and China. Our respective organizations have enjoyed a longstanding partnership, and we fully expect this to be a continuation of that great atmosphere of cooperation and shared entrepreneurial spirit."
The completion of this acquisition will close an important phase in the history of JAS - a phase that has seen the company make four acquisitions in one year, each in a different region and each designed to enhance JAS’ presence and ability to serve its clients. Following the anticipated closing of the deal, the company will focus on bringing all of the acquired companies into the JAS family.
Mikael Forsberg, CEO of Greencarrier Freight Services remarked, “This is a great match of businesses, and we are excited to continue the journey with our long-term partner, JAS Worldwide. The two networks combined will enable us to offer our customers an even higher service level, broader solutions and access to a truly global network.”
Stefan Björk, owner of Greencarrier AB said of the transaction, “In an ever-evolving freight market it is my true belief, that scale, resilience and a multi-market approach will be key to more success in the future. That is why I am sincerely happy about handing over the torch to JAS Worldwide and the Greencarrier Freight Services leadership team to continue the good work and take care of our customers and employees.”
JAS is advised by BNP Paribas and Gorrissen Federspiel. Greencarrier AB is advised by Pricewaterhouse Coopers and Wistrand Advokatbyrå.
About JAS Worldwide
JAS was founded in 1978 in Milan, Italy. Over the last four decades, JAS has grown from regional roots to a global force in freight forwarding. Today, the company covers 100+ countries between JAS offices and official agents, and has over 5,000 employees globally.
About Greencarrier Freight Services International AB
Greencarrier Freight Services is a freight forwarding company that offers smart and sustainable logistics solutions and supply chain management services. It has offices in 11 countries and with 800 employees. From their offices in the Nordic and Baltic countries, UK, Eastern Europe, and China, they offer global logistics solutions. The company uses all modes of transport including ocean, air, road, and rail. Their employees are the most dedicated professionals in the business, inspired by a genuine love of their work and equipped with a hefty serving of ambition. The company is headquartered in Gothenburg, where it was also founded in 2000.
As with all of JAS Worldwide's country-based operations, JAS Panama specializes in the complex world of freight forwarding and supply chain solutions. Our people are intimately familiar with the process of moving cargo throughout the globe or establishing a regional distribution center. We're beside you to navigate the logistical maze of carrier relationships, warehousing, customs & regulatory challenges, risk management, and the hundreds of other issues that face companies seeking to move their goods by air, sea, or land.
JAS Panama is proud to stand alongside JAS team members strategically positioned around the world. When you choose JAS, you gain the tremendous value of a company that offers high-level forwarding and supply chain expertise - a company that operates with one of the most advanced information management systems of any forwarder in the world. To find out why JAS is a best-in-class company, contact us through the form at the bottom of this page.
Leverage the expertise we've built for companies like yours. We prove ourselves every day.
At JAS Panama we are proud to provide a level of service that constantly exceeds our clients’ expectations. We act decisively, and with a high sense of urgency and responsibility. We invite you to become part of our select group of clients and experience our value proposition.
Managing Director, JAS Panama