PANAMA TRANSFER INC

AUTHORIZED
600 LASALLE AVE, PANAMA, IA, 51562|(800) 489-2088

USDOT

53276

MC Number

N/A

Fleet Size

152

Total Drivers

154

Last updated: March 16, 2026

Broker verification report

Want a verification report for this carrier?

Request a sample CarrierOwl report for PANAMA TRANSFER INC. We will use this DOT profile to show authority, insurance, safety, contact consistency, and timestamped notes your team can save before sending a rate con.

Safety overview

PANAMA TRANSFER INC is a large interstate motor carrier based in PANAMA, Iowa, operating 152 power units with 154 drivers. CarrierOwl is currently validating BASIC percentile display against the official FMCSA SMS portal; use the inspection, out-of-service, crash, authority, and insurance data below as the primary public safety indicators on this page. Their driver out-of-service rate of 0.9% comes in under the 5.51% national average. They have 6 crashes on file. FMCSA records show 115 inspections for this carrier.

Truck insurance quotes

Need insurance for this carrier?

Enter your email and we'll use this FMCSA profile to prepare truck insurance quotes.

BASIC scores

Under review

CarrierOwl is validating BASIC percentile calculations against the official FMCSA SMS portal. Until that review is complete, use FMCSA directly for current BASIC percentiles and use the inspection, out-of-service, crash, authority, and insurance data on this page as supporting indicators.

BASIC percentile display is temporarily paused while we validate CarrierOwl's methodology against the official FMCSA SMS portal.

Out-of-service rates vs. national average

An out-of-service order means the driver or vehicle was pulled from operation during a roadside inspection.

Driver OOS rate0.9%
National average5.5%
Vehicle OOS rate12.8%
National average20.7%

For reference, the average driver OOS rate in Iowa is 7.2% and the average vehicle OOS rate is 29.9% across 25,829 carriers.

Company details

Entity Type
N/A
Carrier Operation
Interstate
Operation Classification
Authorized For Hire
Cargo Carried
N
Hazmat
Yes
Safety Rating Date
N/A

Inspections

115

Total

75%

Driver %

Driver Inspections115
Vehicle Inspections39
Driver OOS Rate0.9%
Vehicle OOS Rate12.8%

Insurance on file

Liability (BIPD)

CRUM & FORSTER SPECIALTY INSURANCE COMPANY — eff. May 1, 2025

$2,000,000ACTIVE

Cargo

Not on file

Surety Bond

Not on file

Trust Fund

Not on file

Crash history

6

Total Crashes

Fatal Crashes0
Injury Crashes0
Tow Crashes6

Frequently asked questions

Is PANAMA TRANSFER INC authorized to operate?

Yes. PANAMA TRANSFER INC (USDOT #53276) currently holds "AUTHORIZED" status with FMCSA. They're registered as an interstate carrier.

What is PANAMA TRANSFER INC's safety record?

PANAMA TRANSFER INC has 115 inspections on file and 6 crashes on record. They do not show a formal FMCSA safety rating in CarrierOwl's current data. CarrierOwl is validating BASIC percentile display against the official FMCSA SMS portal, so brokers should verify current BASIC percentiles directly with FMCSA before relying on them.

How many trucks does PANAMA TRANSFER INC operate?

PANAMA TRANSFER INC operates 152 power units with 154 drivers on file. That puts them in the large carrier category by FMCSA standards.

Does PANAMA TRANSFER INC transport hazardous materials?

Yes. PANAMA TRANSFER INC is flagged for hazardous materials transportation with FMCSA. That means additional safety requirements and more frequent inspections.

Where is PANAMA TRANSFER INC located?

PANAMA TRANSFER INC is based in PANAMA, Iowa at 600 LASALLE AVE, 51562. Phone: (800) 489-2088.

What are PANAMA TRANSFER INC's out-of-service rates?

PANAMA TRANSFER INC's driver out-of-service rate is 0.9%, compared to the national average of 5.51%. Below average, which is a good sign. Their vehicle out-of-service rate is 12.8% (national average: 20.72%). Below average, suggesting the fleet is well-maintained.