MoUs with VEDP and The Port of Virginia to Strengthen Collaboration and Accelerate Logistics Innovation

SEOUL, South Korea and TEANECK, N.J., May 26, 2026 /PRNewswire/ -- LX Pantos Americas hosted a Signing Ceremony last week to mark its entrance into separate Memorandums of Understanding (MoU) with the Virginia Economic Development Partnership and The Port of Virginia. Executives from all three organizations gathered at LX Pantos Americas' new regional headquarters in Teaneck, New Jersey on May 13.

The MoUs deepen LX Pantos Americas' investment in Virginia, aiming to establish a strategic framework for collaboration that will strengthen operations, enhance visibility and enable long-term growth. By aligning on key areas such as operational coordination, infrastructure investment, data integration and talent development, all three parties will be poised to drive efficiency, build resilience and unlock new competitive advantages – laying the groundwork for sustained success.

"These agreements mark an important milestone for our companies and reflect the shared trust, vision and long-standing commitment among our teams," said David Bang, CEO, LX Pantos Americas. "We are proud to partner with organizations that share our focus on progress and innovation. By joining forces, we are uniquely positioned to enhance logistics operations, strengthen infrastructure readiness and support long-term ecosystem development in the Commonwealth of Virginia, driving meaningful and lasting impact."

"We are grateful for the confidence LX Pantos Americas is putting in The Port of Virginia and we are excited about the opportunity to grow our partnership with this expanding worldwide logistics company," said Sarah J. McCoy, CEO and Executive Director of the Virginia Port Authority. "The port team is ready to collaborate with the LX Pantos Americas team and help the company capitalize on the investments we are making at this port. We value our relationship with LX Pantos Americas and are looking forward to many more years together."

"VEDP is excited to join LX Pantos Americas in taking this important step toward a deeper partnership with Virginia, and the timing could not be better as the Commonwealth continues to strengthen its position as a premier location for logistics, global trade and supply chain innovation," said Eric Jehu, Vice President, Logistics. "With Virginia's strategic Mid-Atlantic location, growing air cargo capabilities at Dulles, world-class port infrastructure and collaborative economic development partners, we look forward to supporting LX Pantos Americas as it explores opportunities for long-term growth across the Commonwealth."

■ About LX Pantos Americas

LX Pantos Americas is the Americas regional organization of LX Pantos, a leading global logistics company. With operations spanning across North and South America, LX Pantos Americas combines global scale and standards with deep regional expertise and local execution excellence. LX Pantos Americas work together to deliver optimized, end-to-end logistics solutions tailored to support business growth across a wide range of industries, while actively contributing to the communities it serves. LX Pantos Americas brings customers closer to their end markets faster, through all modes of transportation and contract logistics capabilities, including last mile delivery and installation services offered through InstallX, leveraging deep expertise and advanced technical knowledge. The company's StarLinks service provides reliable and competitive ground transportation solutions across North America powered by its  partners and BoxLinks – an innovative joint venture with a major ocean shipping line – enhancing intermodal transport solutions. Driven by a strong dedication to service excellence and client success, LX Pantos Americas helps customers move forward with confidence. Learn more about LX Pantos Americas online and follow it on LinkedIn.

■ About LX Pantos

Established in 1977, LX Pantos is a leading global logistics provider headquartered in Korea. It delivers comprehensive logistics solutions across sea, air, rail, and contract logistics through a worldwide network spanning more than 40 countries.

■ About VEDP

The Virginia Economic Development Partnership is the state economic development authority for the Commonwealth of Virginia. Created in 1995, VEDP collaborates with local, regional, and state partners to encourage the expansion and diversification of Virginia's economy. VEDP works to accomplish these objectives through a variety of activities, including marketing and lead generation; business retention, expansion, and attraction; trade development; business intelligence; competitive benchmarking; site development; performance-based incentives; and talent solutions. VEDP has offices in Virginia, Germany, Japan, Taiwan, and South Korea.

■ About The Port of Virginia

The Virginia Port Authority (VPA) is a political subdivision of the Commonwealth of Virginia. The VPA owns and through its private operating subsidiary, Virginia International Terminals, LLC (VIT), operates four general cargo facilities Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal and the Virginia Inland Port in Warren County. The VPA leases Virginia International Gateway and Richmond Marine Terminal. An economic impact study from The College of William and Mary shows that The Port of Virginia is a driver of more than 565,000 jobs and $63 billion in Virginia gross domestic product on an annual basis.

Executive Leadership and Local Officials Participate in Teaneck, New Jersey Opening Ceremony

SEOUL, South Korea and TEANECK, N.J., May 12, 2026 /PRNewswire/ -- LX Pantos Americas hosted an Opening Ceremony last week to mark the official launch of its new Americas regional headquarters at the Glenpointe Center in Teaneck, New Jersey. The event brought together company leadership, customers, partners and local dignitaries to celebrate a major milestone in the company's growth across the Americas. 

LX Pantos Americas is the Americas regional organization of LX Pantos, Korea's leading global logistics company. With operations spanning across North and South America, LX Pantos Americas combines global scale and standards with deep regional expertise and local execution excellence.

The ceremony commenced with welcoming remarks from David Bang, CEO of LX Pantos Americas, followed by congratulatory messages from Yong Ho Lee, President & CEO of LX Pantos. Teaneck Mayor Mark J. Schwartz offered remarks, recognizing LX Pantos for its investment in the community and its growing role in global logistics and supply chain innovation. Representatives from Senator Andy Kim's office and Assemblywoman Ellen Park's office were also in attendance. 

Guests were then invited to tour the new headquarters, offering an inside look at the company's thoughtfully designed workspace. A highlight of the tour was a stop at a prominent feature wall where local artist Hyesu Lee was painting a large-scale mural created especially for the new office. In the mural – designed to highlight how logistics seamlessly connects everyday life – elements flow together to show how LX Pantos supports daily experiences. VIP guests were invited to pick up a brush and add their signature to the piece, reflecting LX Pantos' collaborative spirit and commitment to growing and building together with its partners.

The tour concluded in the LX Pantos Americas Gallery, where attendees learned about the company's history, growth and evolution into a leading global logistics provider. The event culminated with a ribbon-cutting ceremony and celebratory toast, followed by a luncheon and networking reception. Guests received Yakgwa, a traditional Korean dessert, as a parting gift. 

"Today we celebrate the relationships that have made this journey possible. Gathering together with valued customers, trusted partners and distinguished community leaders for this important program provided insight, reflection and a shared vision for the future of global supply chains," said David Bang, CEO of LX Pantos Americas. "This new chapter underscores our continued commitment to innovation, partnership and a broad, deeply integrated portfolio that enables us to deliver world-class logistics solutions across the Americas and beyond – all powered by our passionate and dedicated colleagues across the region."

• About LX Pantos

Established in 1977, LX Pantos is a leading global logistics provider headquartered in Korea. It delivers comprehensive logistics solutions across sea, air, rail, and contract logistics through a worldwide network spanning more than 40 countries.

SEOUL, South Korea, April 13, 2026 /PRNewswire/ -- LX Pantos, a leading global logistics company headquartered in Korea (Global CEO: Lee Yong-ho), is partnering with SK Innovation E&S to install solar power generation facilities at three of its Korean logistics centers and develop an integrated power-sharing system across them.

Recently, LX Pantos entered into a memorandum of understanding (MOU) with SK Innovation E&S.

Under the agreement, LX Pantos will have solar power systems installed at three of its Korean logistics centers and establish a framework for the generation, consumption, and sharing of renewable electricity among those same logistics centers. SK Innovation E&S will provide end-to-end solutions covering the investment, design, construction, operation, and maintenance of the solar power facilities.

LX Pantos plans to have solar power systems installed with a combined capacity of 2 MW on the rooftops of three logistics centers: the MegaWise Cheongna Center in Incheon, the New Port Eco Logistics Center in Changwon, and the SC Yongin Center in Yongin. In addition to generating and consuming electricity on-site at each center, the company will establish an inter-center power-sharing system under which power generated at the SC Yongin Center will be supplied to the New Port Eco Logistics Center, maximizing overall energy efficiency. Upon completion, these solar power systems are forecast to allow LX Pantos to reduce its carbon emissions by 1,200 tons annually.

In fact, LX Pantos is already successfully operating a 2.5 MW solar power system at its Sihwa MTV Logistics Center. Building on this experience, the company plans to expand the deployment of solar power systems at all of its logistics centers.

Commenting upon this tremendously significant development, one LX Pantos official said, "This partnership suggests significant progress in our ESG commitment, presenting a model for transforming logistics centers into infrastructure capable of both renewable energy generation and power sharing. We will continue to advance climate action and ESG management in ways that allow the logistics industry to best serve the sustainability of both the company and the planet."

Meanwhile, LX Pantos is accelerating the transition of its logistics infrastructure toward sustainability and actively pursuing greenhouse gas reduction initiatives.

In particular, the company is expanding the installation of solar power generation systems across its self-operated logistics centers, while also pursuing the global green building certification, LEED (Leadership in Energy and Environmental Design). Recently, the MegaWise Cheongna Logistics Center in Incheon was awarded LEED Gold certification. Administered by the U.S. Green Building Council, LEED is a globally recognized green building rating system used by organizations in 186 countries worldwide. It evaluates buildings based on rigorous criteria across key environmental performance categories, including energy, water, materials, land, and indoor environmental quality.

In the international transportation sector, LX Pantos is also leading decarbonization efforts in the logistics industry by expanding cooperation with global transport partners on the use of sustainable fuels. To reduce greenhouse gas emissions from air freight operations, the company has entered into agreements with major global airlines to expand the use of Sustainable Aviation Fuel (SAF).

■ About LX Pantos

Established in 1977, LX Pantos is a leading global logistics provider headquartered in Korea. It delivers comprehensive logistics solutions across sea, air, rail, and contract logistics through a worldwide network spanning more than 40 countries.

SEOUL, South Korea and KATOWICE, Poland, March 17, 2026 /PRNewswire/ -- LX Pantos, a leading global logistics company (Global CEO: Lee Yong-ho), is accelerating its global expansion through strategic partnerships and infrastructure investments.

On March 16, LX Pantos announced that a consortium including the Korea Overseas Infrastructure & Urban Development Corporation (KIND) and the PIS No. 2 Fund, a policy fund under Korea's Ministry of Land, Infrastructure and Transport, has acquired a newly built logistics complex in Katowice, southern Poland, in a transaction valued at approximately USD 148 million.

The Katowice Logistics Center consists of five buildings with a combined total floor area of 109,000㎡. The complex is being developed and brought into operation in phases, with full completion scheduled for the first half of 2026. Several global and local companies have already secured leases.

Through the Katowice Logistics Center, LX Pantos plans to establish an Eastern European logistics hub and expand services for key industries such as automotive parts, consumer goods, and home appliances. The facility is also expected to serve as a forward logistics base to support reconstruction-driven demand in Ukraine once rebuilding begins.

Beyond Europe, the company is actively expanding its global operations in key strategic markets, including the United States and Asia. In the United States, LX Pantos established Boxlinks LLC, a joint venture with Ocean Network Express (ONE), and acquired a large-scale logistics center in Georgia with a site area of 304,769 m², equivalent to approximately 43 soccer fields, to strengthen its intermodal operations. In Northeast Asia, the company formed FutureLinks with Sinotrans to expand China–Korea multimodal transport and tap the fast-growing Sea & Air market driven by China-origin e-commerce cargo.

"LX Pantos operates subsidiaries in 40 countries and more than 380 global networks, delivering integrated sea, air, rail, and contract logistics solutions," said Lee Yong-ho, Global CEO of LX Pantos. "Against this backdrop, the Katowice Logistics Center represents a strategic milestone in strengthening our presence in the European logistics market."

• About LX Pantos

Established in 1977, LX Pantos is a leading global logistics provider headquartered in Korea. It delivers comprehensive logistics solutions across sea, air, rail, and contract logistics through a worldwide network spanning more than 40 countries.