Welcome to our dedicated page for LINEAGE news (Ticker: LINE), a resource for investors and traders seeking the latest updates and insights on LINEAGE stock.
Lineage Inc (LINE) is a leading real estate investment trust specializing in temperature-controlled warehousing and cold chain logistics solutions. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Access curated press releases and news articles covering earnings reports, facility expansions, technology implementations, and industry partnerships. Our collection provides stakeholders with timely insights into operational milestones and market positioning within the cold chain sector.
Key updates include developments in global logistics networks, sustainability initiatives, and regulatory compliance measures critical for perishable goods storage. Investors will find essential information on capital allocation strategies and REIT performance metrics.
Bookmark this page for continuous access to verified information about Lineage Inc's role in shaping modern cold chain infrastructure. Check regularly for updates that impact investment decisions and industry analysis.
Lineage, the world's largest temperature-controlled warehouse REIT, has named ATS Intermodal, a Harbor Logistics operating company, as the recipient of its 2024 US Drayage East Carrier of the Year award. The recognition is part of Lineage's annual program honoring top transportation service providers across North America.
The selection process evaluates carriers across eight categories, including US National & Regional Truck Load (TL), US Drayage, Canadian Truckload, US Less-Than-Truckload (LTL), Dedicated Truckload and Regional Drayage Services, using both quantitative and qualitative performance criteria.
Jim Thompson, Vice President of Transportation at Lineage, emphasized the important role carrier partners play in delivering seamless supply chain solutions. Jeff Holzbauer, COO of Harbor Logistics, acknowledged the award, highlighting the collaborative relationship between the companies in optimizing the food supply chain.
Lineage (NASDAQ: LINE) has scheduled its first-quarter 2025 financial results announcement for Wednesday, April 30, 2025, before the market opens. The company will host a conference call at 8:00 a.m. Eastern Time on the same day to discuss the results.
Investors can access a live webcast of the call through the Lineage Investor Relations website at ir.onelineage.com. An audio replay will be available for one week after the call, with the webcast archived on the company's investor relations website for approximately one year.
Lineage (NASDAQ: LINE), the world's largest temperature-controlled warehouse REIT, has announced the acquisition of Bellingham Cold Storage (BCS), comprising three warehouses in Washington state. The facilities, totaling 24 million cubic feet and 85,000 pallet positions, include the Bellingham Waterfront Warehouse Center, Orchard/I-5 Warehouse Center, and Burlington Dry location.
The strategic acquisition strengthens Lineage's presence in the US Pacific Northwest, where it currently operates 40 facilities across Washington, Oregon, and Idaho. Notably, the deal includes a strategic warehousing footprint at the Port of Bellingham, a important hub for seafood and agricultural products.
The acquisition integrates BCS's 79-year operational history into Lineage's network, with BCS's existing team members joining Lineage. The company aims to maintain BCS's service standards while leveraging the Port of Bellingham's ongoing modernization project to enhance its cold chain capabilities in the region.
Lineage (NASDAQ: LINE), the world's largest global temperature-controlled warehouse REIT, has announced a quarterly dividend declaration. The company will distribute $0.5275 per share for the first quarter of 2025 to shareholders. The dividend payment is scheduled for April 21, 2025, with a record date of March 31, 2025.
Lineage (NASDAQ: LINE), the world's largest global temperature-controlled warehouse REIT, reported its Q4 and full-year 2024 results. Q4 highlights include revenue growth of 0.4% to $1.3B, adjusted EBITDA increase of 9.8% to $335M, and AFFO growth of 147.7% to $213M.
Full-year 2024 performance showed flat revenue at $5.3B, adjusted EBITDA growth of 4.0% to $1.3B, and AFFO increase of 25.4% to $705M. The company reported a GAAP net loss of ($751M) or ($3.70) per share. The quarterly dividend was declared at $0.5275 per share.
Looking ahead to 2025, Lineage projects adjusted EBITDA of $1.35-1.40B and AFFO per share of $3.40-3.60. The company plans to deploy over $1.5B in capital for acquisitions and development opportunities.
Lineage (NASDAQ: LINE), the world's largest global temperature-controlled warehouse REIT, has disclosed the tax treatment of its 2024 distributions. The company's Q3 cash distribution of $0.38 per share, paid on October 21, 2024, was classified entirely as return of capital, including a $0.0003 per share section 897 look-through distribution gain.
The company's fourth quarter 2024 dividend of $0.5275 per share, paid in calendar year 2025, will be included in shareholders' 2025 distributions and is not included in the 2024 Form 1099-DIV. The company advises shareholders to consult tax advisors regarding federal, state, and local income tax implications of these distributions.
Lineage (NASDAQ: LINE) has announced it will release its fourth-quarter and full-year 2024 financial results on Wednesday, February 26, 2025, before the market opens. The company has scheduled a conference call at 8:00 a.m. Eastern Time on the same day to discuss the results.
Investors can access a live webcast of the call through the Lineage Investor Relations website at ir.onelineage.com. An audio replay will be available for one week after the call, and the webcast will be archived on the company's investor relations website for approximately one year.
Lineage, Inc. (NASDAQ: LINE), the world’s largest global temperature-controlled warehouse REIT, announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the fourth quarter of 2024. The dividend will be paid on January 21, 2025, to shareholders of record as of the close of business on December 31, 2024.
Lineage, the world's largest temperature-controlled warehouse REIT, received the Rabobank Award for Excellence in Corporate Leadership at the annual Leadership Summit in New York City. The company was recognized for its significant impact in transforming the global food supply chain through its network of over 480 cold-storage facilities across North America, Europe, and Asia-Pacific.
With more than 26,000 team members, Lineage works to eliminate waste and enhance food distribution efficiency. The company's Lineage Foundation for Good has achieved remarkable results, including rescuing over 20 million pounds of food, providing $8.3 million in charitable gifts, and contributing 19,500 volunteer hours.
The award ceremony also recognized The Wonderful Company for Leadership in Sustainability and Flashfood for Emerging Leadership in Innovation. Recipients were selected by an independent panel based on specific criteria for industry stewardship, sustainability, and innovation.
Lineage (NASDAQ: LINE) has announced Ryp Labs as the winner of its 2024 Global Food Chain Innovation Challenge. The company secured a $50,000 grand prize and entry into a six-month executive-led incubator program for their innovative StixFresh solution.
StixFresh is a natural formulation that mimics plant defense mechanisms to slow fruit spoilage, applicable to food-safe labels and stickers. The global competition featured regional winners from three cities: Ryp Labs (San Francisco), Mimica (London) with their 'Bump' temperature-responsive spoilage indicator, and Barbara Šoštarić (Amsterdam) with a visual shelf-life indicator.
The challenge, aimed at students and young entrepreneurs, sought innovative solutions to enhance food supply chain efficiency, sustainability, and resilience. The prize was provided by Lineage Ventures, dedicated to investing in early-stage food supply chain technologies.
