Temperature-controlled warehouse operator Lineage Inc. has expanded capabilities at a Port of New Orleans facility allowing it to act as both a customs bonded warehouse and a USDA-approved import house, or I-House.
Lineage’s (NASDAQ: LINE) Jourdan Road facility now includes more than 304,000 square feet of space, providing major protein producers in the area access to global shipping routes and intermodal rail networks. Importers can also store product and execute on-site USDA inspections at the Class 3 public bonded warehouse.
“In today’s ever-evolving international trade landscape, having the right infrastructure with secure, customs-regulated storage is of growing importance to our customers,” said Brian Beattie, Lineage president of Western U.S. operations, in a news release. “The dual I-House and customs bonded designation positions Lineage on Jourdan Road as one of the most versatile cold storage facilities in the state.”
This is Lineage’s first customs bonded facility in the state. The cold storage real estate investment trust now operates 12 bonded warehouses and 42 I-House facilities across the U.S.
“This partnership demonstrates the power of aligning Port NOLA’s world-class multimodal connectivity with Lineage’s industry-leading cold storage expertise,” said Beth Branch, Port of New Orleans president and CEO. “By combining these expanded services, we are helping to strengthen Louisiana’s position in the global supply chain and ensuring that families across America have dependable access to temperature-sensitive products.”
Lineage manages more than 485 facilities with 3.1 billion cubic feet of space across North America, Europe and the Asia-Pacific region. It also provides freight forwarding, customs brokerage, drayage and truck transportation.
