In this edition: Lineage seeks an impressive IPO offering, pharma packaging gets a new present, and slightly less frozen may help frozen food.
Cold storage and logistics provider Lineage Logistics is working on an initial public offering that will value the company at more than $30 billion, Bloomberg reported Tuesday.
Lineage is bolstering its Canadian cold chain logistics network with the expansion of a facility in Calgary.
This week in Borderlands: ITS Logistics is making big moves in the Lone Star State; Lineage Logistics opens a cold chain logistics center in Houston; a metal recycling firm acquires a 55-acre tract at a logistics park; and TQL opens a new brokerage office in Arizona.
In this edition: New cold storage facilities across the country and needleless vaccine technology takes off
This week in Borderlands: 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.
Your latest info on all things cold chain
Lineage Logistics has acquired eight Burris Logistics cold storage and e-commerce fulfillment facilities in six states.
According to Terminal Industries, 92% of yards lack technology solutions to eliminate wasted capacity, drive down unforeseen costs and improve inventory operations, leading to $146 billion in excess transportation costs.
The latest info on all things cold chain
Lineage Logistics has opened a facility in Georgia designed to ease chokepoints for imports of produce at mid-Atlantic ports.
Your latest info on all things in the cold chain world
Several trucking companies, logistics firms and cold storage facilities are collectively owed millions of dollars after an Iowa-based meat importer filed for Chapter 11 bankruptcy protection recently.
Chase afirma que South American Beef lleva más de un año “incumpliendo sus obligaciones de préstamo”.
This week in Borderlands: 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.
This week in Borderlands: 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.
Lineage Logistics announced the expansion of its European transportation and distribution network through acquisition Thursday.
Lineage Logistics will go directly to consumers as it beefs up its warehousing capabilities.
Temperature-controlled warehouse operator Lineage Logistics and Bay Grove acquire supply chain visibility platform Turvo for an undisclosed amount.
Lineage Logistics has acquired Canadian cold chain provider VersaCold, adding 24 facilities to its network.
Cold storage operator Lineage Logistics announced the acquisition of MTC Logistics and its four facilities Thursday.
Taking a minute to remember there is a human with his or her own needs and desires behind that big rig wheel; freelancers are great if you have a task you hate doing; and bringing back what we outsourced is the new hotness.
El REIT de logística de temperatura controlada acumula 6.000
millones de dólares en captaciones de capital en los últimos
dos años
The REIT has raised $6 billion in the past two years.
A private investment firm’s acquisition of a MOW services company, AAR’s environmental nods and Lineage’s new cold storage warehouse round out the rail roundup.
This week: Lineage Logistics launches Foundation for Good, Trucking Cares Foundation honors Walmart driver and J.B. Hunt wins 12th consecutive award from the EPA.
“We look forward to integrating their state-of-the-art facilities and diverse services so we can better serve our customers in Europe and around the world,” said Lineage’s senior vice president for Europe.
In his keynote address at FreightWaves’ Cold Chain Summit on Wednesday, Sudarsan Thattai, CIO of Lineage Logistics, says the global leader is well positioned to address future supply chain challenges through technology investments and key alliances.
The acquisition of Hanson Logistics gives Lineage its first-ever facility in Michigan and expands its foothold in Indiana.
Temperature-controlled logistics real estate investment trust Lineage Logistics and venture capital firm 8VC have formed an alliance to invest in technology startups in the transportation and logistics industry.
The boom in cold storage construction is partly fueled by consumers shopping for groceries online.
Founders Camp, the Dynamo-powered event for founders and startup companies, will take place in November alongside FreightWaves’ F3: Future of Freight Festival in Chattanooga.
Kenco opens a facility in Perris, California, while Lineage acquires Spanish firm Frinvarra.
The capital will drive volume growth and help Baton expand to new markets.
Cold storage provider Lineage Logistics announced Thursday that it completed a $1.9 billion equity raise to fund new developments, M&A and technology initiatives.
In today’s edition of The Daily Dash, civil penalties for drug and alcohol violations could jump under a proposed rule. Plus, the holiday shipping season trned out better than most expected, and California unveils a plan to invest in clean vehicles.
The partnership will help “transform” the food supply chain with better, faster data, Lineage says.
Acquisitions and record Canadian grain loadings round out rail news
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TorQuest Partners buys VersaCold Logistics Services, a major Canadian cold storage provider with a large cross-border trucking operation.
Cold storage heavyweight Lineage Logistics announces the acquisition of Poland’s largest temperature-controlled storage and logistics provider, Pago.
Third-party food logistics company FreezPak Logistics announces plans to open a new facility near Port Elizabeth to meet “continually growing demand for cold storage space.”
It appears Lineage Logistics will be able to sustain its 60% annual cubic-foot growth rate. The company announces an equity raise landed it with $1.6 billion in new capital.
Lineage Logistics has added 24 locations to its network of cold storage facilities through a series of acquisitions. The announcement follows a few large deals Lineage announced recently.
Lineage Logistics announces expansion into Canada as it agrees to acquire Ontario Refrigerated Services, the latest addition to growing global footprint.
Cold storage consolidation remains hot. Lineage Logistics closes on Emergent Cold transaction, growing its already dominant global market share.
Lineage Logistics continues its hot acquisition streak, entering into an agreement to purchase Henningsen Cold Storage and its 14 facilities.
Lineage Logistics’ bid for food service distributor Maines expected to save 850 jobs.
Already the largest cold storage warehouse company, Lineage Logistics is reportedly buying Emergent Cold.
The refrigerated storage company buys two facilities from Netherland-based Van Soest Coldstores.
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