Samsung Panama has selected Panalpina to handle most of their FCL (full container load) ocean freight traffic from Asia-Pacific to Panama in 2010. Samsung estimates to handle 1’500 to 2’000 TEU’s with Panalpina this year.
In addition, Samsung has awarded Panalpina a three-year extension contract for their warehouse operation in the Colon free trade zone with approximately 8’000 sqm.
Samsung also contracts Panalpina to handle direct deliveries from their factories in Asia and North America (including Mexico) to Central and South America.
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company consists of seven independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Semiconductor and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.