Lineage Logistics

Lineage Logistics opens expanded cold storage facility in Denmark

Lineage Logistics, LLC opened its expanded cold storage facility in the Port of Aarhus in Denmark on 15 March 2023.

The extension adds 18,000 pallet spots, bringing the total to 27,500 pallet capacity.

Customers, including fish and shellfish producers, will benefit from simplified storage for their goods at a crucial site connecting seafood import and export, connecting Greenland and Denmark to the global market.

The Aarhus new facility can manage many different kinds of food, but it specialises...

https://container-news.com/lineage-logistics-opens-expanded-cold-storage-facility-in-denmark/

Running on Ice: Partnerships changing the game

All thawed out

Parsyl

The leader in perishable risk management, Parsyl, has combined forces with the MVP in cold storage solutions, Lineage Logistics. Current customers who use Lineage for cold storage are estimated to spend more than $500 million a year on cargo insurance. The partnership with Parsyl aims to cut those costs significantly by creating tailored insurance coverage based on customers’ specific needs. 

This partnership is going to do more than just cut insurance costs for customers....

https://www.freightwaves.com/news/running-on-ice-partnerships-changing-the-game

Truckers, logistics firms owed millions after meat importer’s bankruptcy

Several trucking companies, logistics firms and cold storage providers are collectively owed millions of dollars after an Iowa-based frozen meat importer filed for Chapter 11 bankruptcy protection recently.

South American Beef Inc., headquartered in West Des Moines, filed its petition in the U.S. Bankruptcy Court for the Southern District of Iowa last week.

According to its website, Alejandra Vidal-Soler, president of SAB, founded the company in 1999, along with her husband, Scott Graham. 

Their...

https://www.freightwaves.com/news/truckers-logistics-firms-owed-millions-after-meat-importers-bankruptcy

Camioneros y empresas de logística deben millones tras la quiebra de un importador de carne 

Varias empresas de transporte por carretera, empresas de logística y proveedores de almacenamiento en frío deben colectivamente millones de dólares después de que un importador de carne congelada con sede en Iowa se acogiera recientemente al Capítulo 11 de protección por bancarrota. 

South American Beef Inc., con sede en West Des Moines, presentó la semana pasada su petición ante el Tribunal de Quiebras del Distrito Sur de Iowa.

Según su página web, Alejandra Vidal-Soler, presidenta de SAB, fundó...

https://www.freightwaves.com/news/camioneros-y-empresas-de-logistica-deben-millones-tras-la-quiebra-de-un-importador-de-carne

Borderlands: USMCA panel rules in favor of Mexico, Canada over US

Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: USMCA panel rules in favor of Mexico, Canada over US; Lineage Logistics unveils plans for Texas cold storage facility; Mexico extends deadline again for Carta Porte tax document; and Volkswagen halts production of Jetta and Taos models.

USMCA panel rules in favor of Mexico, Canada over US

Mexico and Canada recently won a trade dispute over the U.S. on car-content rules governing...

Borderlands: Tesla proposes $375M lithium refinery for EV batteries in Texas

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Tesla proposes $375M lithium refinery for EV batteries in Texas; PGT Trucking expands border operations; Lineage Logistics signs lease at Houston ColdPort; and Otay Mesa port of entry receives $150M federal grant.

Tesla seeks $375M lithium refinery for EV batteries in Texas 

Amid surging global demand for electric vehicles, automaker Tesla Inc. is looking to create a...

https://www.freightwaves.com/news/tesla-proposes-texas-lithium-refinery

Lineage Logistics grows distribution footprint in Europe

A picture of the Lineage logo on a warehouse

Cold storage real estate investment trust (REIT) Lineage Logistics announced Thursday further expansion of its temperature-controlled supply chain in Europe. The company completed the acquisition of Grupo Fuentes.

Financial terms of the transaction were not provided.

Based in Murcia, Spain, Grupo Fuentes operates a fleet of 500 vehicles, six logistics centers and one warehouse, providing cold storage logistics solutions to its customers. The refrigerated warehouse has 60,000 pallet positions...

https://www.freightwaves.com/news/lineage-logistics-increases-distribution-footprint-in-europe

Lineage uses acquisitions to gain foothold in D2C perishables market

Cold storage real estate investment trust (REIT) Lineage Logistics LLC has built its company around a business-to-business distribution model in which perishable foodstuffs move from factory to warehouse to retailer. Now Lineage has turned its attention to the embryonic but fast-growing business of direct-to-consumer deliveries.

Through two acquisitions made in 2021, Novi, Michigan-based Lineage has pushed into a segment that experienced a sudden burst of pandemic-related demand as more...

https://www.freightwaves.com/news/lineage-uses-acquisitions-to-gain-foothold-in-d2c-perishables-market

Lineage Logistics acquires visibility platform Turvo

A Lineage Logistics loading dock

Cold storage real estate investment trust Lineage Logistics announced Wednesday the acquisition of supply chain software provider Turvo. The deal will allow Turvo to accelerate its tech offering and to expand into new markets.

The transaction is an extension of a previous investment made by Lineage Ventures in the San Francisco area-based visibility provider. In January 2021, Lineage announced it would deploy Turvo’s technology throughout 200 facilities, with the eventual integration occurring...

https://www.freightwaves.com/news/lineage-logistics-acquires-visibility-platform-turvo

Lineage Logistics acquires Canada’s VersaCold

Lineage Logistics LLC, a cold chain logistics real estate investment trust, said Wednesday that it has acquired Canadian cold chain warehouse and transport company VersaCold Logistics Services for an undisclosed sum.

The transaction, which is expected to close in the third quarter, will roughly quintuple Novi, Michigan-based Lineage’s presence in Canada. Currently, Lineage operates six temperature-controlled facilities in the country. Ontario-based VersaCold, by contrast, operates 24 facilities...

https://www.freightwaves.com/news/lineage-logistics-acquires-canadas-versacold

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