Lineage’s network comprises nearly 2 billion cubic feet of capacity and consists of 330 temperature-controlled warehouses in 15 countries across North America, Asia, Australia and New Zealand, Europe and South America. “Combining our leading facility footprint, a railcar network and data-driven transportation management systems enables us to further optimize freight, create greater efficiencies, generate unprecedented supply chain visibility and provide a new ease of doing business for our customers.” “Welcoming the dynamic team from Cryo-Trans further diversifies Lineage’s comprehensive suite of multimodal services and creates a unique, under-one-roof solution for our customers in which warehousing and transportation are seamlessly integrated,” Lineage President and CEO Greg Lehmkuhl said. Terms of the transaction weren’t disclosed, but Lineage said the acquisition “creates a unique comprehensive and seamlessly integrated supply chain solution for food and beverage customers.” Lineage Logistics, a Michigan-based temperature-controlled real estate investment trust and logistics solutions provider, has acquired Maryland-based Cryo-Trans, a producer of refrigerated and insulated railcars. The Forum at FreightWaves LIVE (Fall 2019)įrom acquisition updates to grain loadings, here’s a roundup of some recent rail-related news: Lineage acquires refrigerated railcar producer.Evolve: The Next Evolution of Oil & Gas.Podcasts: FreightWaves FreightCasts Network.Loaded & Rolling (Enterprise Fleet News/Analysis).
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