Road freight like in many countries is the dominant freight mode in Panama and will continue to be so in 2018 and over the the course of our forecast period ending 2022. Strong canal usage will support and bolster all freight modes. Road freight has been steadily increasing its influence in Panama, rising from a 95.5% share in 2011 to a 96.6% share in 2018. Air freight and rail have shrunk, but that has not diminished their importance. The low fuel costs and flexibility offered by road have contributed to the speed and cost benefits of this form of transport, while lack of investment in the railways further weakened the rail stronghold.

Key View

SWOT

Freight Transport & Shipping SWOT

Industry Forecast

Panama Trade Forecast

Road Freight Forecast

Rail Freight Forecast 

Air Freight Forecast

Shipping Forecast

Market Overview

Company Profile

Copa Holdings

Panama Canal Authority

Panama Demographic Outlook

Freight Transport & Shipping Methodology