LX Pantos
LX Pantos Co., Ltd. is a global service provider based in Seoul, South Korea. Since its inception in 1977, LX Pantos has evolved from an air freight agent, to include all logistics services including: sea freight, air freight, road and rail freight, warehousing, logistics consulting, international express, project cargo, terminal service, and customs clearance.[1]
 | |
Native name | 주식회사 엘엑스판토스 |
|---|---|
| Formerly | Pantos Logistics |
| Type | Subsidiary |
| Industry | Transport |
| Founded | 1977 |
| Headquarters | , South Korea |
| Parent | LX International |
| Website | www.lxpantos.com |
History
- February 1977: The company was founded as Pan Korea Ind. Co., Ltd, an Air Cargo Agency.
- October 1992: Registered in the list of Multimodal Transportation Biz.
- December 1992: Changed Company name to Pan Korea Express Co., Ltd
- December 1997: Established bonded warehouse
- July 1999: Commenced logistics customs clearance business
- September 2001: Commenced logistics outsourcing for LG Chemical Overseas
- September 2001: China Shanghai Shed Corp (FNS/SHA) established (China HQ)
- January 2002: Commenced logistics outsourcing for LG Electronics Overseas
- December 2003: Established UK Branch
- March 2005: Established Russia Branch (HQ in Moscow)
- April 2005: Commenced outsourcing for China LG Electronics
- November 2005: Opened Incheon Airport Logistics Center
- July 2006: Changed Business name to Pantos Logistics Corporation.
Operations
Pantos has roughly 6,600 employees, operating in 40 countries throughout Asia, North and South America, Europe, CIS, the Middle East, and Africa, creating 350 networks. With over 420,000 m2 of warehouse space globally, it serves over 2,500 customers in the electronics, machinery, automotive, chemical, consumer goods, health care, and construction industries. Pantos is the largest logistics company in Korea and the 26th largest company in the world, and it is one of the world's top ten sea freight forwarders by volume. Since 2000, Pantos's size and scope have increased steadily, its revenue having tripled from 2003 to 2009. In 2010, the revenue of Pantos was US$3.0 billion.
See also
References
- Rimmer, Peter J. (2014). Asian-Pacific Rim Logistics: Global Context and Local Policies. Edward Elgar Publishing. p. 260. ISBN 9781783478668.
LG's own subsidiary, Pantos Logistics, Korea's largest logistics company, has evolved from an airfreight agent in 1977 into a fully fledged third-party logistics provider with operations in 37 countries, connecting not only the corporation's production and sales networks, but also those of a range of other clients.