Panama Transshipment Group

What Panama Transshipment Group does

Panama Transshipment Group (PTG) is a Panama-based intermodal logistics platform that serves as a single counterparty for global shipping lines and international logistics operators moving containerized cargo across Panama's National Port System. The company coordinates movements between the system's five terminals — two on the Pacific (PSA Panama, Balboa / APM Terminals) and three on the Atlantic (Cristóbal / TIL, Manzanillo International Terminal, Colón Container Terminal / Evergreen Marine) — covering a 76 km intermodal corridor. PTG delivers port-to-port connectivity, bonded customs transit, single-point coordination with Panamanian authorities (Customs, AMP, MINSA, Agricultural Quarantine, ATTT), cold-chain management for reefers, and supply-chain security services. Underlying operations is the International Shipping Compliance (ISC) platform, an AI-powered cargo security system co-developed with BigBear.ai (NYSE: BBAI) and The Narval Group, providing biometric driver verification, electronic container seals, GPS tracking, anomaly detection, and auditable chain-of-custody records; PTG is the first operator worldwide to commercially deploy this platform.

The business model combines transaction fees on intermodal movements, recurring security/compliance services, managed cold-chain services, and professional authority-coordination services. Pricing is quote-based with no public tiers disclosed; go-to-market is exclusively direct enterprise field sales targeting global shipping lines and international logistics operators, beginning with a 30-minute consultation call. The asset-light operating model is built around a network of 1,200+ independent owner-operator entrepreneurs who own their own trucks and operate under PTG's certifications and standards — a socio-economic structure unique in Panama's logistics industry and a defining element of the company's identity. PTG is privately held, bootstrapped (no disclosed funding rounds), and holds the four primary regional supply-chain certifications: BASC v.5, ISO 28000:2022, OEA (Authorized Economic Operator from Panama's National Customs Authority), and C-TPAT compliance.

Name

Panama Transshipment Group

Legal name

Panama Transshipment Group, S.A.

Website

https://ptg.com.pa

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Panama Transshipment Group is a Panama-based intermodal logistics platform that serves as the single counterparty coordinating cargo movements across all five terminals of Panama's National Port System for global shipping lines and international logistics operators, leveraging an AI-powered cargo security platform co-developed with BigBear.ai.

Ownership category

akta.pro rank

Product category

Intermodal Logistics Services

NAICS

Freight Transportation Arrangement (488510), Support Activities for Water Transportation (4883)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Trucking (No Local) (4213), Railroads, Line-Haul Operating (4011)

akta.pro primary industry

Intermodal Network Operators & Marketing Companies (IMCs) (TLADAFAF)

akta.pro secondary industries

Intermodal Drayage Coordination & Port/Rail Ramp Transfers (TLACAEAH), Intermodal Drayage & Cartage (First/Last Mile) (TLADAFAC), International Intermodal Ocean-Rail (Port Rail Drayage) (TLADAFAB)

Keywords

• Intermodal logistics services
• Port-to-port transport
• Bonded customs transit
• Cargo security platform
• Cold chain logistics

Headquarters

HQ city

Panama City

HQ country

Panama

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Port-to-Port Intermodal Connectivity: Coordination and execution of container movements between the five terminals of Panama's National Port System. Provides connectivity for global shipping lines connecting routes via Panama with a single counterpart responsible for the entire operation, documentation, planning, traceability, and delivery.
2. Bonded Transportation / Customs Transit: Specialists in movements under customs transit between economic zones, ports, and A-to-B points. Includes fiscal seals, bonded documentation, and uninterrupted custody until exit point. Services ZLC, ZF, and bonded flows.
3. Supply Chain Security Services: Verified custody chain through biometrics: driver, vehicle, container, and seal linked in the same auditable record, aligned with BASC, ISO 28000, and C-PAT. Revenue derived from security and compliance services integrated into intermodal operations.
4. Cold Chain Control Tower: Complete reefer management services during Panama passage including pre-arrival inspection, disconnection, transit monitoring, reconnection, 24/7 spare parts support, and manufacturer-certified personnel — single contact line.
5. Authority Coordination Services: Full documentation and procedures with all Panamanian institutional bodies: Customs, AMP, MINSA, Agricultural Quarantine, ATTT and others. Single counterpart responds for all paperwork and all windows.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Panama Transshipment Group operates intermodal container movement services across the Panama isthmus, connecting five port terminals (two on the Pacific and three on the Atlantic) via a 76 km logistics corridor. The company provides port-to-port container movements, bonded customs transit, supply chain security, cold chain management, and coordination with national authorities. Its operations are supported by an AI-driven cargo security platform (ISC) co-developed with BigBear.ai and Narval.

Product overview

PTG operates as Panama's #1 intermodal connectivity platform, coordinating five port terminals (2 Pacific, 3 Atlantic) as a single counterparty for global shipping lines and international logistics operators. The core offering is the International Shipping Compliance (ISC) application — an AI-powered cargo security platform co-developed with Narval and BigBear.ai (NYSE: BBAI) — which provides biometric driver verification, electronic seal tracking, real-time GPS monitoring, and auditable chain-of-custody records. Built on this platform, PTG delivers five integrated services: port-to-port connectivity, bonded customs transit, authority coordination, supply chain security, and cold chain control tower. The platform serves as the operational backbone linking driver, vehicle, container, and seal across all services.

Differentiator

Problem solved

Functional benefit

Products and services

• AI Cargo Security Platform (ISC)

Quantifiable outcome

• 500,000+ connections in 4 years
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered flagship and core.

• BigBear.ai (NYSE: BBAI)flagshipStrategic or Co-development Partner · 20 May 2026BigBear.ai and PTG entered into a foundational commercial deployment agreement on May 20, 2026 for the International Shipping Compliance (ISC) platform — an AI-powered cargo security management solution. BigBear.ai developed the platform in partnership with Narval. PTG is the first operator in the world to commercially deploy this platform. The deployment covers real-time fleet and driver data, anomaly detection, and auditable chain-of-custody records to strengthen security oversight along Panama's Dry Canal. The partnership hopes the Panama deployment will serve as a foundation for broader regional adoption.
• The Narval Group / Narval Holding Corp.coreStrategic or Co-development Partner · 20 May 2026The Narval Group co-developed the International Shipping Compliance (ISC) platform alongside BigBear.ai. Mario E. Pérez Balladares serves as Chairman of The Narval Group and provided an endorsement of the platform deployment in Panama, calling it 'a step important toward strengthening the integrity of the supply chain in the region and beyond.' Narval is referenced as the IP/licensing entity for the ISC platform.
• PSA Panama (PSA International)coreOthersPSA Panama is one of the two Pacific-side terminal operators in PTG's network. PTG coordinates intermodal operations through PSA Panama as part of its five-terminal connectivity platform. PSA International is one of the world's leading terminal operators.
• Balboa (APM Terminals)coreOthersBalboa (operated by APM Terminals) is one of the two Pacific-side terminals in PTG's network. PTG coordinates container movements through this terminal as part of its port-to-port connectivity services.
• Cristóbal (Terminal Investment Limited / TIL)coreOthersCristóbal, operated by Terminal Investment Limited (TIL), is one of three Atlantic-side terminals in PTG's network. PTG coordinates intermodal operations through this terminal.
• Manzanillo International Terminal (MIT)coreOthersMIT (Manzanillo International Terminal) is one of three Atlantic-side terminals in PTG's network. PTG provides CFS/ZLC access coordination through this terminal.
• Colón Container Terminal (CCT / Evergreen Marine)coreOthersCCT (Colón Container Terminal), operated by Evergreen Marine, is one of three Atlantic-side terminals in PTG's network. PTG coordinates operations through this terminal as part of its intermodal connectivity platform.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Hub Group: Large US intermodal drayage and logistics provider operating container movement between rail terminals, ports, and customers. Comparable to PTG as a third-party drayage/cartage operator coordinating multi-terminal container flows on behalf of shipping lines, though at significantly larger scale and US-centric.
• Schneider National: Major North American intermodal carrier with a sizable drayage and port-to-rail container movement operation. Comparable to PTG's container drayage and intermodal coordination activities, though operating at national scale in the US rather than concentrating on a single trade corridor.
• C.H. Robinson Worldwide: Global freight forwarder and 3PL arranging intermodal, ocean, and cross-border freight movements for shippers worldwide, with strong presence in Latin America. Comparable to PTG in arranging/coordinating intermodal freight flows and customs documentation, but operating at global scale across many modes and regions.
• J.B. Hunt Transport Services: One of the largest North American intermodal and trucking providers, with a dedicated Intermodal segment moving containers between ports, rail ramps, and shippers/receivers. Comparable in core service category (intermodal drayage and container movement) but a broad incumbent operating across many US corridors rather than a single specialized corridor.
• Kuehne+Nagel: One of the world's largest freight forwarders, providing ocean, air, and overland freight services with significant Panama Canal and Latin America operations. Comparable to PTG in coordinating intermodal flows, customs documentation, and reefer/cold-chain services for global shipping customers, but at global scale.
• Maersk Logistics & Services (incl. Pilot Freight, Sealand): Global ocean carrier with end-to-end intermodal and inland logistics services that include drayage, customs brokerage, and supply chain visibility. Comparable to PTG as a global shipping-line-affiliated intermodal and customs service provider, but operating at vastly larger scale across many geographies.
• CEVA Logistics: Global 3PL and freight management company with strong presence in Latin America, providing intermodal, contract logistics, and customs services. Comparable to PTG in delivering integrated intermodal and customs coordination services to international shippers, with overlapping customer base among global shipping lines.

Direct peers

• Crowley Maritime (Crowley Logistics): US-based maritime logistics and supply chain solutions provider with port-to-port and intermodal container movement capabilities in the Americas, including Central America and the Caribbean. Closely comparable to PTG in providing integrated intermodal container services and supply chain solutions to global shipping customers in the Latin American/Caribbean trade.
• ITS ConGlobal: North American intermodal drayage, container yard, and chassis management company serving ocean carriers and railroads at ports and rail ramps. Closely comparable to PTG in providing drayage, container/chassis management, and operational services to global shipping lines at port/rail interfaces.

Regional players

• Suddenlink Transport / Suddath: US-based port logistics and drayage provider with deep intermodal container movement, customs coordination, and supply chain services at major US ports. Comparable to PTG's port-centric drayage, customs coordination, and intermodal services, but operating primarily in US geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/panama-transshipment-group-ptg-

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Panama Transshipment Group