Lineage Logistics Archives - Maritime Shipping News

Cold storage REIT Lineage files for IPO

27 June 2024

The world’s largest temperature-controlled real estate investment trust, Lineage Inc., has filed for an initial public offering. Neither an estimated price range for the shares nor the size of the offering was announced.

Lineage’s IPO was previously reported to fetch the company a valuation of more than $30 billion.

The company plans to list its stock on the Nasdaq under the ticker “LINE.”

Novi, Michigan-based Lineage operates more than 480 warehouses with 3 billion cubic feet of space across...

https://www.freightwaves.com/news/cold-storage-reit-lineage-files-for-ipo

Running on Ice: Big cold storage moves for 2024

1 December 2023

Hello, and welcome to the coolest community in freight! Here you’ll find the latest information on warehouse news, tech developments and all things reefer madness-related. I’m your controller of the thermostat, Mary O’Connell. Thanks for having me!

All thawed out

(Photo: Jim Allen/FreightWaves)

Big moves are on the horizon for Lineage Logistics as the temperature-controlled storage provider wraps up 2023. The Michigan-based company is seeing a $30 billion initial public offering for next year....

https://www.freightwaves.com/news/running-on-ice-big-cold-storage-moves-for-2024

Lineage Logistics reported to be pursuing $30B-plus IPO

28 November 2023

Temperature-controlled storage and logistics provider Lineage Logistics has been reported to be pursuing a more than $30 billion initial public offering for next year.

Backed by private equity firm Bay Grove, Novi, Michigan-based Lineage is the largest cold storage real estate investment trust in the world. The company has amassed a portfolio of more than 400 facilities and 2.5 billion cubic feet of space across North America, Europe and the Asia-Pacific since 2008.

Lineage provides end-to-end...

https://www.freightwaves.com/news/lineage-logistics-reported-to-be-pursuing-30b-plus-ipo

Lineage Logistics expanding cold storage capacity in western Canada

24 November 2023

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Lineage Logistics announced the expansion of a cold storage facility in Calgary, Canada, that will...

https://www.freightwaves.com/news/lineage-logistics-expanding-cold-storage-capacity-in-western-canada

Borderlands: ITS Logistics making big moves in Lone Star State

19 November 2023

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border...

https://www.freightwaves.com/news/borderlands-its-logistics-making-big-moves-in-lone-star-state

Running on Ice: Finishing the year cold

17 November 2023

All thawed out

It may be a muted season for dry van loads, but the same cannot be said for new cold storage facilities. Since there are quite a few across the country celebrating breaking ground or completion, a...

https://www.freightwaves.com/news/running-on-ice-finishing-the-year-cold

Borderlands: Cargobot sees big opportunities with global cross-border trade

8 October 2023

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cargobot sees big opportunities with global cross-border trade; Lineage Logistics expands cold chain footprint in Texas; Stitch Fix closes Dallas logistics hub, lays off 558 workers; and Mexican seaport blocked as truckers protest wait times.

Cargobot sees big opportunities with global cross-border trade

Fernando Correa, CEO and cofounder of Cargobot, sees increasing...

https://www.freightwaves.com/news/borderlands-cargobot-sees-big-opportunities-with-global-cross-border-trade

Running on Ice: Warehousing moves are the future

6 October 2023

All thawed out

(Photo: Jim Allen/FreightWaves)

Lineage Logistics is making a play for e-commerce. Through the acquisition of eight cold storage facilities of Burris Logistics, Lineage has increased its cold chain e-commerce presence, as Burris is a...

https://www.freightwaves.com/news/running-on-ice-warehousing-moves-are-the-future

Lineage acquires Burris Logistics’ cold storage, e-commerce sites

3 October 2023

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Lineage Logistics, a real estate investment trust that specializes in temperature-controlled...

https://www.freightwaves.com/news/lineage-acquires-burris-logistics-cold-storage-e-commerce-sites

Terminal Industries departs stealth mode with $17M for AI yard operations

20 July 2023

Significant attention has been given to advancing warehouse management systems (WMS) in the FreightTech landscape, revolutionizing operations within physical buildings for enhanced transparency and optimization.

However, yard management systems (YMS) have received less investment, and their innovations have been relatively dormant compared to WMS. YMS has traditionally relied on manual processes with limited technological support.

To...

https://www.freightwaves.com/news/terminal-industries-departs-stealth-mode-with-17m-for-ai-yard-operations

+ More