Lineage Logistics manages a global network of temperature-controlled facilities and transportation services to store and move perishable food products. The company uses machine learning to optimize energy consumption and offers integrated services like food processing and packaging to streamline the supply chain for its clients. Unlike traditional logistics providers, it combines a massive global footprint with specialized technology and value-added processing to improve food quality and operational efficiency. Its goal is to ensure the safe and efficient distribution of food worldwide by maintaining the integrity of products from their origin to the final destination.
Company Size
10,001+
Company Stage
Growth Equity (Venture Capital)
Total Funding
$9.4B
Headquarters
Novi, Michigan
Founded
2012
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Health Insurance
Paid Time Off
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Flexible Work Hours
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Stock Options
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Lineage sues Altus Power and Pearce Services for ignoring safety warnings and causing Boyle Heights fire. September 10, 2026 14:43 ET | Source: Lineage, Inc. LOS ANGELES, Sept. 10, 2026 (GLOBE NEWSWIRE) - Lineage, Inc. (NASDAQ: LINE) today filed a civil lawsuit in Los Angeles Superior Court against Altus Power, Inc., a commercial solar operator, and its contractor Pearce Services LLC, a subsidiary of CBRE Group, alleging that their negligence caused the June 17, 2026, fire that destroyed Lineage's 500,000 square-foot cold storage facility in the Boyle Heights neighborhood in Los Angeles. Key points from the suit: * Altus and Pearce's negligence started the fire. They abandoned Lineage to clean up the site on their own and ignored the Boyle Heights community. This was a solar fire, not a warehouse fire. * Altus was and is the owner of the solar array, and this was not Altus' first fire at the facility. In August 2024, the same solar array sparked a smaller fire on the facility's roof. Following that incident, Lineage called for enhanced safety measures before the array could be re-energized, and Altus retained Pearce to reconfigure the array. By May 2026, more than 200 connector failures had been identified across the array, including in the section where the June fire would begin. * Altus and Pearce disregarded Lineage's written safety directives and re-energized a defective rooftop solar array before required safety checks were completed - days before the fire. * On June 11, 2026, Lineage notified Altus in writing that the system should not be re-energized until critical safety tests were completed. Altus and Pearce deliberately ignored those instructions. Beginning on June 5 and continuing through June 17, the array was energized without completing the required testing and before all work on the array had been completed. The fire ignited on June 17 while Pearce personnel were working on the energized system. * When the community needed direct assistance and the site cleaned up, Altus and Pearce did nothing. Lineage has a longstanding track record of operating with the highest degree of integrity backed by the Company's commitments to the communities and customers it serves. Since the fire began, Lineage has provided community support including direct financial assistance, relocation, air conditioners, air purifiers and grocery cards. With the cleanup completed, Lineage's commitment to the community of Boyle Heights continues, and the Company remains dedicated to ongoing and transparent communication with neighbors and local community organizations to understand ongoing needs. "This lawsuit is about Altus and Pearce starting this fire and then being nowhere to be found when the community needed help," "This lawsuit is about Altus and Pearce starting this fire and then being nowhere to be found when the community needed help," said Greg Lehmkuhl, President & CEO of Lineage. "From the moment it started, Lineage stood alone in supporting remediation and cleanup efforts for a neighborhood impacted through absolutely no fault of our own. The record is clear: this was a solar fire. Cold storage is not a risk to communities - it is an essential service that lowers food costs, expands food access and creates jobs. We are grateful to each and every worker who contributed over 210,000 hours to complete this unprecedented and complex cleanup in record time. We want to thank the community of Boyle Heights and East LA for their patience during this process. With the cleanup completed, now is the right time to pursue accountability and recover the substantial losses we incurred as a result of Altus's and Pearce's negligence." About Lineage, Inc. Lineage, Inc. (NASDAQ: LINE) partners with food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world. Learn more at onelineage.com and join us on LinkedIn, Facebook, Instagram, and X. 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. While the forward-looking statements are considered reasonable by the Company, they are subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of the Company and cannot be predicted with accuracy and may not be realized. There can be no assurance that the forward-looking statements can or will be attained or maintained. Actual operating results may vary materially from the forward-looking statements included in this Press Release. Media Contact Megan Klein VP, Global Marketing & Communications [email protected]
Lineage opens its first Bonded Warehouse in Spain with Murcia customs authorization. Near mediterranean ports of cartagena, alicante and valencia. September 8, 2026 Lineage, Inc., one of the world's leading temperature-controlled integrated solutions providers, today announced that its Murcia facility has been authorized as a Customs Bonded Warehouse (Depósito Aduanero). This marks the company's first bonded warehouse in Spain and further expands its network of customs-enabled facilities across Europe. Looking for a reprint of this article? From high-res PDFs to custom plaques, order your copy today! JOIN TODAY To unlock your recommendations. Already have an account? Sign In
Lineage, Inc. has closed its initial public offering of 56.9 million shares at $78 per share, raising approximately $4.2 billion in net proceeds after fees. The temperature-controlled warehouse REIT began trading on Nasdaq under the ticker LINE on 25 July 2024. The company plans to use the proceeds to repay debt from its delayed draw term loan and revolving credit facility, provide cash grants to employees, cover tax obligations, and redeem its Series A preferred stock. Remaining funds will support general corporate purposes, potentially including additional debt repayment. Lineage operates over 480 facilities across North America, Europe, and Asia-Pacific, totalling more than 84 million square feet. Morgan Stanley, Goldman Sachs, BofA Securities, J.P. Morgan, and Wells Fargo Securities served as joint lead book-running managers for the offering.
Kargo, an AI-powered vision system provider, has implemented automated receiving operations at Lineage's warehouse in Decatur, Alabama. The facility, which supports adjacent poultry plants, now uses Kargo's camera towers to automatically capture inbound inventory data and feed it into Lineage's warehouse management system. The system has automated more than 64,000 receipts over six months. The Decatur operation processes over 500 pallets daily, with automation reducing receiving time from minutes to seconds. This allows Lineage to reallocate labour to higher-value activities. The implementation is part of Lineage's broader initiative to deploy advanced automation and computer vision technologies in cold chain operations. Automated load scanning is scheduled to launch at the facility shortly.
Lineage projects support sustainable cold chain transportation solutions. August 13, 2026 Collaboration is fueling sustainability progress in Seattle, where a Lineage facility recently replaced an older-model diesel yard truck with a new electric yard truck - an upgrade made possible with help from the Puget Sound Clean Air Agency, which partnered with Lineage to secure an Environmental Protection Agency (EPA) grant to fund the project. Through its Diesel Reduction Program, the agency partners with fleets to make the switch from diesel to zero-emission alternatives, bringing cleaner air to the region. Looking for a reprint of this article? From high-res PDFs to custom plaques, order your copy today! JOIN TODAY To unlock your recommendations. Already have an account? Sign In