{"id":2135,"date":"2025-02-18T21:39:01","date_gmt":"2025-02-19T02:39:01","guid":{"rendered":"https:\/\/www.globalcargo.com.pa\/?p=2135"},"modified":"2025-02-24T22:40:33","modified_gmt":"2025-02-25T03:40:33","slug":"logistics-terms-glossary-in-the-colon-free-zone-cfz","status":"publish","type":"post","link":"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/","title":{"rendered":"Logistics Terms Glossary in the Colon Free Zone (CFZ)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2114 size-full\" src=\"https:\/\/www.globalcargo.com.pa\/wp-content\/uploads\/2025\/02\/globalcargo-blog-banner-logistics-terms-glossary.png\" alt=\"Logistics Terms Glossary in the Col\u00f3n Free Zone (CFZ)\" width=\"1920\" height=\"1208\" \/><\/p>\n<p style=\"text-align: justify;\">With this expanded glossary, customers and companies operating in the <strong>Colon Free Zone<\/strong> can now better understand the specific terms of this logistics ecosystem. If you have clients seeking to <strong>optimize costs, reduce delivery times, and leverage the fiscal structure of the CFZ<\/strong>, this glossary will serve as a key reference for understanding the essential processes.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contenido<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#A\" >A<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Reexportation_Agreement\" >Reexportation Agreement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Value-Added_Area\" >Value-Added Area<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#B\" >B<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Fiscal_Benefit_in_the_CFZ\" >Fiscal Benefit in the CFZ<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Transit_Warehouse\" >Transit Warehouse<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#C\" >C<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Regional_Distribution_Center_RDC\" >Regional Distribution Center (RDC)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Consolidation_of_Merchandise_in_the_Free_Zone\" >Consolidation of Merchandise in the Free Zone<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Customs_Movement_Code_CMC\" >Customs Movement Code (CMC)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#D\" >D<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Commercial_Warehouse\" >Commercial Warehouse<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Reexportation_Warehouse\" >Reexportation Warehouse<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#E\" >E<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Free_Zone_Fiscal_Label\" >Free Zone Fiscal Label<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Temporary_Exportation\" >Temporary Exportation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#F\" >F<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Billing_in_the_Colon_Free_Zone\" >Billing in the Col\u00f3n Free Zone<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#I\" >I<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Deferred_Importation\" >Deferred Importation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Inventory_in_Transit\" >Inventory in Transit<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#L\" >L<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Operating_License_in_the_CFZ\" >Operating License in the CFZ<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#P\" >P<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Logistics_Services_Platform_LSP\" >Logistics Services Platform (LSP)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#R\" >R<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Reexportation\" >Reexportation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Goods_Movement_Record_GMR\" >Goods Movement Record (GMR)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#S\" >S<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Integrated_Inventory_Control_System_IICS\" >Integrated Inventory Control System (IICS)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#T\" >T<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#International_Transit_of_Goods_ITG\" >International Transit of Goods (ITG)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Transshipment_in_the_Free_Zone\" >Transshipment in the Free Zone<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#V\" >V<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#Value_Added_in_the_CFZ\" >Value Added in the CFZ<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/www.globalcargo.com.pa\/en\/logistics-terms-glossary-in-the-colon-free-zone-cfz\/#%F0%9F%93%8C_Do_you_need_a_logistics_solution_in_the_Colon_Free_Zone\" >\ud83d\udccc Do you need a logistics solution in the Col\u00f3n Free Zone?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"A\"><\/span>A<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Reexportation_Agreement\"><\/span>Reexportation Agreement<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"109\" data-end=\"222\">Process by which goods imported into the CFZ can be shipped to another country without incurring taxes in Panama.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Value-Added_Area\"><\/span>Value-Added Area<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"251\" data-end=\"386\">Zones within the CFZ where goods can undergo additional processes such as labeling, repackaging, or customization before reexportation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"B\"><\/span>B<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Fiscal_Benefit_in_the_CFZ\"><\/span>Fiscal Benefit in the CFZ<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"439\" data-end=\"542\">Exemption from taxes and tariffs for goods stored, processed, or reexported within the Col\u00f3n Free Zone.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Transit_Warehouse\"><\/span>Transit Warehouse<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"572\" data-end=\"704\">A temporary storage facility where goods are held while they are in the process of import or reexport, facilitating rapid clearance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"C\"><\/span>C<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"721\" data-end=\"765\"><span class=\"ez-toc-section\" id=\"Regional_Distribution_Center_RDC\"><\/span>Regional Distribution Center (RDC)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"766\" data-end=\"903\">Infrastructure in the CFZ where companies store products and redistribute them to various markets across Latin America and the Caribbean.<\/p>\n<h3 data-start=\"905\" data-end=\"960\"><span class=\"ez-toc-section\" id=\"Consolidation_of_Merchandise_in_the_Free_Zone\"><\/span>Consolidation of Merchandise in the Free Zone<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"961\" data-end=\"1105\">The process of grouping products from different suppliers into a single shipment within the CFZ to optimize logistical costs and reduce tariffs.<\/p>\n<h3 data-start=\"1107\" data-end=\"1144\"><span class=\"ez-toc-section\" id=\"Customs_Movement_Code_CMC\"><\/span>Customs Movement Code (CMC)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1145\" data-end=\"1262\">A number assigned to logistical operations within the CFZ, facilitating the tracking and control of goods in transit.<\/p>\n<h2 data-start=\"1269\" data-end=\"1277\"><span class=\"ez-toc-section\" id=\"D\"><\/span>D<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"1279\" data-end=\"1309\"><span class=\"ez-toc-section\" id=\"Commercial_Warehouse\"><\/span>Commercial Warehouse<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1310\" data-end=\"1440\">A space within the CFZ where merchants can display and sell products to wholesale buyers without the need for immediate clearance.<\/p>\n<h3 data-start=\"1442\" data-end=\"1475\"><span class=\"ez-toc-section\" id=\"Reexportation_Warehouse\"><\/span>Reexportation Warehouse<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1476\" data-end=\"1593\">A storage facility where goods remain in transit until they are shipped to their final destination outside of Panama.<\/p>\n<h2 data-start=\"1600\" data-end=\"1608\"><span class=\"ez-toc-section\" id=\"E\"><\/span>E<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"1610\" data-end=\"1642\"><span class=\"ez-toc-section\" id=\"Free_Zone_Fiscal_Label\"><\/span>Free Zone Fiscal Label<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1643\" data-end=\"1779\">A special seal that certifies a product is in the CFZ and has not been nationalized in Panama, allowing its reexportation without taxes.<\/p>\n<h3 data-start=\"1781\" data-end=\"1812\"><span class=\"ez-toc-section\" id=\"Temporary_Exportation\"><\/span>Temporary Exportation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1813\" data-end=\"1993\">A procedure that allows goods to leave the CFZ for a limited period\u2014for demonstrations, trade shows, or testing\u2014with the condition that they are reimported without incurring taxes.<\/p>\n<h2 data-start=\"2000\" data-end=\"2008\"><span class=\"ez-toc-section\" id=\"F\"><\/span>F<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"2010\" data-end=\"2050\"><span class=\"ez-toc-section\" id=\"Billing_in_the_Colon_Free_Zone\"><\/span>Billing in the Col\u00f3n Free Zone<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2051\" data-end=\"2159\">The mechanism by which merchants in the CFZ sell products to foreign companies without applying local taxes.<\/p>\n<h2 data-start=\"2166\" data-end=\"2174\"><span class=\"ez-toc-section\" id=\"I\"><\/span>I<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"2176\" data-end=\"2206\"><span class=\"ez-toc-section\" id=\"Deferred_Importation\"><\/span>Deferred Importation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2207\" data-end=\"2336\">A strategy used in the CFZ to bring in goods in different phases and consolidate them before shipping to their final destination.<\/p>\n<h3 data-start=\"2338\" data-end=\"2368\"><span class=\"ez-toc-section\" id=\"Inventory_in_Transit\"><\/span>Inventory in Transit<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2369\" data-end=\"2467\">Products that have arrived in the CFZ but have not yet been dispatched to their final destination.<\/p>\n<h2 data-start=\"2474\" data-end=\"2482\"><span class=\"ez-toc-section\" id=\"L\"><\/span>L<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"2484\" data-end=\"2522\"><span class=\"ez-toc-section\" id=\"Operating_License_in_the_CFZ\"><\/span>Operating License in the CFZ<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2523\" data-end=\"2619\">The permit granted by Panamanian authorities to companies to operate within the Col\u00f3n Free Zone.<\/p>\n<h2 data-start=\"2626\" data-end=\"2634\"><span class=\"ez-toc-section\" id=\"P\"><\/span>P<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"2636\" data-end=\"2679\"><span class=\"ez-toc-section\" id=\"Logistics_Services_Platform_LSP\"><\/span>Logistics Services Platform (LSP)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2680\" data-end=\"2816\">Infrastructure in the CFZ where storage, labeling, repackaging, and distribution operations are integrated to optimize the supply chain.<\/p>\n<h2 data-start=\"2823\" data-end=\"2831\"><span class=\"ez-toc-section\" id=\"R\"><\/span>R<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"2833\" data-end=\"2856\"><span class=\"ez-toc-section\" id=\"Reexportation\"><\/span>Reexportation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2857\" data-end=\"2972\">The shipment of goods from the CFZ to another country without those goods being consumed or nationalized in Panama.<\/p>\n<h3 data-start=\"2974\" data-end=\"3011\"><span class=\"ez-toc-section\" id=\"Goods_Movement_Record_GMR\"><\/span>Goods Movement Record (GMR)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3012\" data-end=\"3134\">A document detailing the entry and exit of products within the CFZ, ensuring traceability and compliance with regulations.<\/p>\n<h2 data-start=\"3141\" data-end=\"3149\"><span class=\"ez-toc-section\" id=\"S\"><\/span>S<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"3151\" data-end=\"3203\"><span class=\"ez-toc-section\" id=\"Integrated_Inventory_Control_System_IICS\"><\/span>Integrated Inventory Control System (IICS)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3204\" data-end=\"3315\">A platform used in the CFZ to record and monitor the location, movement, and status of goods within warehouses.<\/p>\n<h2 data-start=\"3322\" data-end=\"3330\"><span class=\"ez-toc-section\" id=\"T\"><\/span>T<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"3332\" data-end=\"3378\"><span class=\"ez-toc-section\" id=\"International_Transit_of_Goods_ITG\"><\/span>International Transit of Goods (ITG)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3379\" data-end=\"3502\">The process that allows cargo to be moved from the CFZ to other countries without undergoing Panamanian customs procedures.<\/p>\n<h3 data-start=\"3504\" data-end=\"3544\"><span class=\"ez-toc-section\" id=\"Transshipment_in_the_Free_Zone\"><\/span>Transshipment in the Free Zone<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3545\" data-end=\"3732\">The transfer of goods from one mode of transportation to another (e.g., from ship to truck or plane) without entering the Panamanian market, thereby expediting international distribution.<\/p>\n<h2 data-start=\"3739\" data-end=\"3747\"><span class=\"ez-toc-section\" id=\"V\"><\/span>V<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 data-start=\"3749\" data-end=\"3781\"><span class=\"ez-toc-section\" id=\"Value_Added_in_the_CFZ\"><\/span>Value Added in the CFZ<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3782\" data-end=\"3897\">The set of processes such as repackaging, assembly, labeling, or product adaptation performed before reexportation.<\/p>\n<h2 data-start=\"0\" data-end=\"63\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8C_Do_you_need_a_logistics_solution_in_the_Colon_Free_Zone\"><\/span>\ud83d\udccc <strong data-start=\"3\" data-end=\"63\">Do you need a logistics solution in the Col\u00f3n Free Zone?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"65\" data-end=\"256\">At <strong data-start=\"68\" data-end=\"84\">Global Cargo<\/strong>, we offer specialized services in warehousing, consolidation, reexportation, and distribution, ensuring that your business takes full advantage of the benefits of the CFZ.<\/p>\n<p data-start=\"258\" data-end=\"395\" data-is-last-node=\"\" data-is-only-node=\"\">\ud83d\udcde <strong data-start=\"261\" data-end=\"388\">Contact us for personalized consultation and discover how to optimize your supply chain in Latin America and the Caribbean.<\/strong> \ud83d\ude9b\ud83c\udf0e\ud83d\udce6<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With this expanded glossary, customers and companies operating in the Colon Free Zone can now better understand the specific terms of this logistics ecosystem. 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