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. (NASDAQ: LINE) is a temperature-controlled warehouse REIT that frequently appears in financial and industry news due to its global cold storage network and role in the food and beverage supply chain. The company describes itself as the world’s largest global temperature-controlled warehouse REIT, with more than 485 facilities and billions of cubic feet of capacity across North America, Europe, and Asia-Pacific.
The Lineage news feed on this page aggregates coverage of the company’s earnings announcements, dividend declarations, and capital markets activity, including offerings of euro-denominated senior notes through its subsidiary Lineage Europe Finco B.V. Investors can review updates on quarterly financial results, guidance for metrics such as Adjusted EBITDA and AFFO, and commentary on occupancy trends and market conditions in the cold storage sector.
Beyond financial reporting, Lineage news also highlights network expansion and facility developments, such as groundbreaking for new automated cold storage facilities in key logistics markets like the Dallas Metroplex. Articles describe how the company integrates automation and its LinOS warehouse execution system into new projects and how it positions facilities near major transportation hubs and ports.
Another recurring theme in Lineage coverage is its import and export services. News items detail bonded warehousing and transportation capabilities, USDA inspection facilities, blast freezing capacity, port-centric locations, freight forwarding, and customs brokerage services, as well as the work of its Import and Export Excellence Team. These stories illustrate how Lineage responds to changes in global trade conditions, including tariff shifts affecting food products.
By following this LINE news page, readers can monitor how Lineage manages its global cold-chain footprint, finances growth, and communicates with shareholders and customers through regular press releases and SEC-related updates.
Lineage, the world's largest temperature-controlled warehouse REIT, has announced a major expansion of its U.S. cold-storage network through a partnership with Tyson Foods. The $1 billion expansion plan includes:
- Acquisition of 4 existing cold storage facilities from Tyson Foods for $247 million
- Development of 2 new fully automated warehouses
- Integration of over 1,000 Tyson Foods employees
The acquired facilities span 49 million cubic feet with 160,000 pallet positions across Pennsylvania, Kansas, Illinois, and Arizona. The new automated warehouses will add 80 million cubic feet and 260,000 pallet positions. Tyson Foods will be an anchor customer at these facilities, including Lineage's automated warehouse in Hazelton, PA, which uses their LinOS technology. The acquisition is expected to close in Q2 2025.
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.