Lineage Logistics

Lineage officials said that this acquisition is an extension of the companies’ long-standing partnership, which includes a previous investment in Turvo by Lineage Ventures and also what they called a combined vision for supply chain collaboration.

Lineage’s Colton location is the first facility in the world with two linear generators, and the first of its kind to integrate a linear generator with solar panels

The Foundation will leverage the access, experience, and expertise of the world’s largest temperature-controlled REIT and logistics solutions provider to reduce food waste and fight global food insecurity

The 167,264 square-foot facility, which is adjacent to the Virginia International Gateway, includes 26,000 pallet positions and blast freezing capabilities.

Novi, Mich.-based Lineage Logistics, the largest global temperature-controlled industrial REIT and logistics services provider, said today that it has raised $1.9 billion in equity from new and existing strategic partners, which brings the total equity it has raised, going back to 2020, to $4.3 billion. Lineage said this represents its largest funding round going back to the company’s inception in 2008. I

Lineage said that that this move into rail is part of the company’s effort to be a one-stop-shop for its customers and to eliminate waste within the supply chain.

In an M&A deal with a direct focus on cold chain logistics, Novi, Mich.-based Lineage Logistics, the largest global temperature-controlled logistics services provider, said it has inked definitive agreements to acquire Dallas-based Emergent Cold, a leading cold chain services and temperature-controlled services provider.

Joseph M. Dagnese is the new president of Con-way Freight, the second-largest U.S. less-than-truckload carrier, replacing W. Gregory Lehmkuhl, who resigned to become CEO of Lineage Logistics, a temperature-controlled warehousing and logistics company.