ONE and LX Pantos Establish Joint Venture “Boxlinks” in North America

Japanese shipping giant ONE and South Korean logistics leader LX Pantos have formed a joint venture called “Boxlinks” to strengthen intermodal transportation in the North American market.

This article explores the reasons behind their partnership, market strategies, and future prospects.

The Birth of an Unlikely Partnership

ONE was formed through the integration of the container divisions of major Japanese shipping companies, while LX Pantos is a leading South Korean logistics company that spun off from the LG Group.

Although the combination may seem unusual,The partnership aims to expand their market reach and enhance competitiveness.

Leveraging each company’s strengths is key to increasing their presence in the North American logistics market.

Strengthening Intermodal Transportation in North America

Boxlinks will provide intermodal solutions by combining rail and truck transportation.

According to the North American Intermodal Association, the current market size is approximately fifty-three billion dollars, with an expected average growth rate of 10.9% by 2030.

After two years of preparation since 2023, the two companies have officially launched their joint venture.

They aim to improve logistics efficiency and competitiveness through modal shifts.

Efficient Use of Empty Containers

An essential strategy for Boxlinks is the effective use of empty containers.

By optimizing the operation of these containers in intermodal transport, they can reduce logistics costs and improve operational efficiency.

This approach also contributes to reducing environmental impact and building a sustainable business model.

Stay tuned for the future developments of ONE, LX Pantos, and the growth of Boxlinks.