Cheap Cost Of Shipping A Container To Panama
Published by Chris Townsend
How Much Does It Cost To Ship A Container To Panama?
Moving a container to Panama is a time-consuming and exhausting process. You are responsible for packing, loading, and unloading the cargo.
In addition, you must pay the people who manage your container during the shipping procedure.
If you don't want that hassle, contact us, Three Movers. We're a hauling firm with services in various locations worldwide, including Panama.
But how much will our service cost you? The price of international shipments isn't always the same. Several factors can affect the overall expense. Here are the factors that affect your shipping expenses.
Factors That Affect the Cost of Shipping
Various aspects of the shipping process will affect your expenses. For example, the characteristics of your cargo, distance traveled, and mode of transportation all contribute to how much you will pay for the shipping process.
Large and heavy products require higher prices. If you're shipping them to a distant country, the moving firm will use the distance traveled by your container to calculate your price.
Moreover, the cost of hauling is affected by the time of year. Sending your goods during Panama's peak season will greatly affect your expenses.
Expect increased relocating cargo rates and delays if you ship anytime from December to April.
These are the primary factors influencing the price of containers transferring to Panama. However, the following could also affect your expenses:
- Insurance
- Packing
- Taxes and Custom fees
- Inspections
- General Rate Increase
- Storage
Average Container Shipping Rates Estimates
FCL is best for transporting lots of boxes, pallets, and anything requiring full container shipping to Panama of up to 45,000 lbs.
Full Container Load (FCL) Shipping Rates | |
|---|---|
| 20 ft Container | $855 |
| 40 ft Container | $950 |
LCL is more affordable way to transport less than container load shipments to Panama.
Less Than Container (LCL) Shipping Rates | |
|---|---|
| LCL | $65/CBM |
| Personal Effects | $575 |
| Household Goods | $775 |
International House moving to Panama services - quick, easy, and cheap.
International House Moving Costs | |
|---|---|
| Partial House (2000Lbs & Less) | $550 |
| 1 Bedroom (3850 Lbs) | $1850 |
| 2 Bedroom (4500 Lbs) | $2755 |
| 3+ Bedroom (8750 Lbs) | $3430 |
International auto transport services to Panama via RoRo and container ships. Ship cars, trucks, SUVs, ATVs, boats, RVs, and heavy equipment.
Container Car Shipping | |
|---|---|
| Sedan (Container) | $1253 |
| SUV (Container) | $1387 |
| Sedan via RORO | $686 |
| SUV via RORO | $756 |
Which Size of Shipping Container Works Best for Me?
The answer to this question depends on what you are shipping and your budget. However, your choice could be either a 20-ft or 40-ft container. Both are ideal for transferring both residential and business items.
A 20-foot container can accommodate the contents of an average-sized garage. Meanwhile, a 40-foot is ideal for transporting equipment or supplies for a micro or small enterprise. It can hold 20 to 24 pallets.
When it comes to your budget, you have two options for shipping.
You can ship a receptacle without paying for the whole cargo space. This option is called an LCL (Less Than Container Load) shipment. In this form of transportation, you share a receptacle's cost and cargo space with other people.
If you don't want to deal with problems relating to shared space, you can always pay for the entire. FCL (Full Container Load) shipping is the term for this mode of transport. After you pay the agreed-upon price, the moving firm will then ship your cargo.
Different Types of Freight Transportation
Moving companies transport the shipments using land, air, and sea freight.
The best option for you depends on your plans and budget. Let's say you're transporting the cargo from the United States. You can use air freight to move your items to Panama. This is the fastest way of transportation. It would only take a day before your cargo arrives at its destination. However, keep in mind that this is the most expensive option.
If you don't want to spend much on shipping, go with the land or ocean freight. Although slower than air freight, they are always cheaper for domestic and intercontinental shipments.
What's next?
Now that you know the factors that could affect the cost of shipping a container to Panama, your next move is to contact us! We'll give you a free quote, and then we can start packing your things.
You can call us at (888) 202-0036 or email us at [email protected].
Find Cargo Containers For Freight Transport & Relocation
Frequently Asked Questions
FCL and LCL have different shipping times because of what they contain. FCL is a type of cargo made of contents belonging to a single client or shipper while LCL is a type of cargo that has items from various clients. This means that FCL has a single set of documents while LCL has multiple sets of documents for the different clients. FCL has a single destination while the contents of LCL are heading to different clients. This makes the transit times different on average and makes FCL quicker. However, there are now faster FCL shipping services that match the transit speeds of FCL.
No import licenses are required in Panama. Any company holding a commercial license can freely import goods into the country. A commercial or industrial license is required by individuals or companies wishing to engage in commercial or industrial activities. Essential documents for shipping are Commercial Invoice (in original), and Bill of Lading. Some products will require additional documentation such as sanitary or phytosanitary certificates for food and agricultural products, certificate of free sale for pharmaceutical products, and certificate of origin to access the preferential duties under the TPA. Special import permits are required for all types of firearms, ammunition, and fertilizers.
First of all, do what is necessary to not lose your bill of lading due to its importance in shipping. In the event that the bill of lading is lost, and the bill is negotiable, the shipper will need to get a court order after writing a letter stating the details of the loss of the bill of lading. The court order will allow the carrier to deliver the goods to the intended receiver of the goods under the conditions of the original bill of lading. Most carriers will require a letter of indemnity, indemnifying the transporter from any harm or loss or problems that may ensue from the delivery of goods without a bill of lading. Sometimes a bank guarantee also accompanies the letter of indemnity guaranteeing that the shipper can pay the outstanding shipping bills.
The following items cannot be imported into Panama:
● Counterfeit coins or printed material that imitates currencies. Equipment or instruments for manufacturing coins.
● Liquors, wines, beers, or medicines with labels that falsely describe contents or of any harmful preparation. Certain firearms or war materials.
● Foreign lottery or raffle tickets.
● Opium in the form of gum or for smoking.
● Obscene brochures, books, newspapers, magazines, or postcards containing negative portrayals of the country’s culture, civilization, or dignity.
The country has an overall average import tariff of 12%. However, certain agricultural products are higher. In the case of imports from the United States, Panama has zero tariffs for 87% of the items imported.
Insurance is important for cargo particularly when the shipment has a high value. If the premium to be paid for proper items is less than the value of the items, then insurance becomes a good investment.
It will take an average of 8 days for cargo to be cleared by customs at the seaports. This value might differ for many reasons. During peak periods, the clearance times can double for 3 months at least bringing the average time to over two weeks. Public holidays might add to clearance times. Using LCL shipment can increase clearance times as well as having restricted items among your cargo.
The amount of space required is dependent on the method of delivery of your container. If you are using a crane, you will need just a few feet in addition to the actual dimensions of the container. For a 20ft container that will mean an extra 10 feet in length and an extra 3-5 feet in width. For a 40ft container it the length will need the same extra dimensions. If a truck is to be used to deliver your container, it is advisable to have about twice the area of the container as maneuverable space.
Yes, you can track your container while in transit. You will usually get your tracking feedback electronically. This involves getting a notification by mail when the container gets to a particular country or port and it continues till it gets to the destination.
