Lineage and Port of New Orleans Collaborate to Expand Bonded Warehouse Space, Strengthening Global Trade Flows
Lineage’s Jourdan Road cold storage facility in
The Jourdan Road facility is one of a kind in
- I-House capabilities, providing on-site USDA inspections of imported food.
-
Customs bonded storage, allowing goods to be securely stored under
U.S. Customs supervision until duties and tariffs are paid.
These services help importers move food products into the
“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, President, Western US Operations at Lineage. “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 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 NOLA President and CEO and New Orleans Public Belt (NOPB) 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.”
Located on the Inner Harbor Navigation Canal in New Orleans East, the Jourdan Road facility spans over 304,000 square feet. Its proximity to major protein producers, global shipping routes, and intermodal networks makes it ideally suited for handling high-volume, temperature-sensitive cargo.
With this certification, Lineage now operates 12 bonded warehouses in the
About Lineage
Lineage, Inc. (NASDAQ: LINE) is the world’s largest global temperature-controlled warehouse REIT with a network of over 485 strategically located facilities totaling approximately 86 million square feet and approximately 3.1 billion cubic feet of capacity across countries in
Forward Looking Statements
Certain statements contained in this press release may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Lineage intends for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in those acts. Such forward-looking statements can generally be identified by Lineage’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to certain risks and uncertainties, including known and unknown risks, which could cause actual results to differ materially from those projected or anticipated. Therefore, such statements are not intended to be a guarantee of Lineage’s performance in future periods. Except as required by law, Lineage does not undertake any obligation to update or revise any forward-looking statements contained in this release.
About Port NOLA
The Port of
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Media Contacts
Christina Wiese
(734) 608-1855
pr@onelineage.com
Kimberly Curth
(504) 388-4898
kimberly.curth@portnola.com
Source: Lineage