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LX Pantos

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Pantos Logistics
Company typePrivate Company
IndustryTransport
Founded1977
HeadquartersSeoul, South Korea
ProductsFreight Forwarding Services
Logistics Services
Warehousing
RevenueUSD $3.0 billion (2010)
Number of employees
3,400 (2011)
Websitewww.pantos.co.kr

Pantos Logistics is a global service provider based in Seoul, South Korea. Since its inception in 1977, Pantos has evolved from an air freight agent to include total logistics services including sea freight, air freight, road and rail freight, warehousing, logistics consulting, international express, project cargo, terminal service and customs clearance.[1]

Introduction

Pantos has roughly 4,400 employees, operating in 40 countries throughout Asia, North and South America, Europe, CIS, the Middle East and Africa, creating 180 networks.[2]
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.[3]

Pantos is the largest logistics company in Korea and the 26th largest in the world, and it is one of the world's top ten sea freight forwarder by volume.[4][5][6][7]
Since 2000, Pantos's size and scope has increased steadily, its revenue having tripled from 2003 to 2009.[8] In 2010, the revenue of Pantos was 3.0 billion USD.[9]

Air Project cargo - Transportation of a Power Plant to Armenia
Pantos Logistics' warehouse in Busan New Port (Opened in 2010)
Sea Project cargo - Transportation of a Chemical Plant to Oman
Inside one of Pantos Logistics' warehouses

History[10]

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 into Pantos Logistics Corporation

References

  1. ^ Pantos Logistics Homepage
  2. ^ Pantos Logistics Homepage
  3. ^ Global Supply Chain Intelligence Website
  4. ^ Pantos Logistics Homepage
  5. ^ Armstrong Associates,Inc.
  6. ^ Transport Intelligence Global Supply Chain Intelligence database
  7. ^ Korea Herald "Pantos aims to be global logistics leader" - November 14th 2011
  8. ^ Transport Intelligence Global Supply Chain Intelligence database
  9. ^ Pantos Logistics Homepage
  10. ^ Pantos Logistics Homepage
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