Full-Time
Updated on 9/10/2026
Global cold storage and transportation provider
No salary listed
Laverton North, Australia
In Person
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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
401(k) Retirement Plan
Remote Work Options
Hybrid Work Options
Flexible Work Hours
Paid Vacation
Stock Options
Gym Membership
Wellness Program
Mental Health Support
Phone/Internet Stipend
Home Office Stipend
Cycle-to-work scheme
Referral Bonus
Employee Training
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
Lineage reported second-quarter 2026 financial results with total revenue increasing 0.8% to $1,361 million. The temperature-controlled warehouse REIT posted a GAAP net loss of $32 million, or $0.13 per diluted share. Adjusted EBITDA decreased 1.8% to $320 million, whilst AFFO fell 6.2% to $198 million. The company declared a quarterly dividend of $0.5325 per share. Same warehouse physical occupancy rose 90 basis points year-over-year, signalling industry stabilisation. CEO Greg Lehmkuhl said adjusted EBITDA and AFFO per share exceeded expectations. Lineage updated its full-year 2026 guidance, expecting adjusted EBITDA between $1.26 billion and $1.29 billion, with AFFO per share ranging from $2.80 to $3.05.
Lineage (NASDAQ:LINE) issues quarterly earnings results, Beats expectations by $0.98 EPS. August 5, 2026 Key points. * Lineage beat quarterly expectations, reporting $0.76 in EPS and $1.36 billion in revenue versus estimates of a $0.22 loss per share and $1.35 billion in revenue. Revenue increased 0.8% year over year, and full-year AFFO guidance was raised to $2.80-$3.05 per share. * Operating trends were mixed: same-store occupancy improved by 90 basis points, but throughput fell 1.8% year over year as container volumes declined amid tariff and trade uncertainty. A facility fire is expected to reduce second-half adjusted EBITDA by about $15 million. * Shares fell 1.9% to $41.13 despite the earnings beat. Lineage also maintains a quarterly dividend of $0.5325 per share, equivalent to a 5.2% annualized yield. * MarketBeat previews top five stocks to own in September. Lineage (NASDAQ:LINE - Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.76 EPS for the quarter, beating the consensus estimate of ($0.22) by $0.98, Briefing.com reports. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.35 billion. Lineage had a negative return on equity of 1.56% and a negative net margin of 2.72%.The firm's revenue was up .8% compared to the same quarter last year. During the same period last year, the company posted $0.81 earnings per share. Here are the key takeaways from Lineage's conference call: * Second-quarter results exceeded expectations, with adjusted EBITDA of approximately $320 million and AFFO of $0.76 per share. Management raised full-year AFFO guidance to $2.80-$3.05 per share while maintaining the adjusted EBITDA midpoint. * Same-store physical occupancy increased 90 basis points year over year, marking an improvement after declines throughout 2025. Management also cited stronger sales execution, 1%-2% net pricing gains, and stabilizing customer inventories. * Same-store throughput declined 1.8% year over year, pressured by a 14% drop in container volumes tied to tariff and trade uncertainty. Management still expects full-year throughput and service metrics to decline modestly. * The Big Bear facility fire is expected to reduce adjusted EBITDA by approximately $15 million in the second half through lost revenue and transition costs, although insurance recovery may offset the lost profit below EBITDA. The GIS outlook was also reduced to a 4%-2% decline because of a $7 million legal settlement and temporary carrier-rate pressure. * Management reported progress on its LinOS productivity platform, with 14 conventional sites meeting internal savings targets and 20 expected to be deployed by year-end. Benefits are expected to become more meaningful in 2027 and 2028, supporting the company's competitive positioning. Lineage stock down 1.9%. NASDAQ:LINE traded down $0.81 during mid-day trading on Wednesday, reaching $41.13. The stock had a trading volume of 553,937 shares, compared to its average volume of 1,161,069. The company has a market capitalization of $9.36 billion, a price-to-earnings ratio of -66.34 and a beta of 0.85. Lineage has a 1-year low of $31.33 and a 1-year high of $45.75. The stock's 50 day simple moving average is $43.09 and its two-hundred day simple moving average is $39.23. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.76. Lineage dividend announcement. The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, June 30th were given a dividend of $0.5325 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.13 annualized dividend and a dividend yield of 5.2%. Lineage's dividend payout ratio (DPR) is presently -343.55%. Key headlines impacting Lineage. Here are the key news stories impacting Lineage this week: * Positive Sentiment: Lineage reported second-quarter funds from operations (FFO) of $0.76 per share, exceeding the Zacks consensus estimate of $0.71. Revenue of $1.36 billion also topped the $1.35 billion estimate. Lineage Beats Q2 FFO and Revenue Estimates * Positive Sentiment: The quarterly revenue result was slightly above expectations and increased 0.8% year over year, indicating modest continued top-line growth. Analysts' detailed metric comparisons provide additional context on operating performance versus estimates and the prior year. Compared to Estimates, Lineage Q2 Earnings: Key Metrics Institutional inflows and outflows. A number of large investors have recently bought and sold shares of LINE. Morgan Stanley increased its holdings in shares of Lineage by 378.6% in the 4th quarter. Morgan Stanley now owns 5,017,332 shares of the company's stock valued at $175,607,000 after acquiring an additional 3,968,958 shares during the last quarter. Darlington Partners Capital Management LP boosted its holdings in Lineage by 45.5% in the third quarter. Darlington Partners Capital Management LP now owns 5,132,810 shares of the company's stock worth $198,332,000 after purchasing an additional 1,605,810 shares during the period. AQR Capital Management LLC boosted its holdings in Lineage by 636.1% in the fourth quarter. AQR Capital Management LLC now owns 1,330,439 shares of the company's stock worth $46,273,000 after purchasing an additional 1,149,686 shares during the period. Fuller & Thaler Asset Management Inc. increased its stake in Lineage by 677.2% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 975,950 shares of the company's stock valued at $34,158,000 after purchasing an additional 850,380 shares during the last quarter. Finally, UBS Group AG increased its stake in Lineage by 107.2% during the third quarter. UBS Group AG now owns 1,358,780 shares of the company's stock valued at $52,503,000 after purchasing an additional 703,142 shares during the last quarter. Analyst Ratings changes. LINE has been the topic of several recent research reports. UBS Group boosted their price target on Lineage from $35.00 to $45.00 and gave the stock a "neutral" rating in a research report on Friday, July 17th. Weiss Ratings restated a "sell (d)" rating on shares of Lineage in a research note on Wednesday, June 24th. Evercore set a $44.00 price target on Lineage in a research note on Monday, June 8th. Barclays increased their price target on Lineage from $34.00 to $35.00 and gave the company an "underweight" rating in a report on Friday, May 15th. Finally, Truist Financial raised their price objective on Lineage from $44.00 to $46.00 and gave the company a "buy" rating in a research note on Wednesday, June 17th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $43.38. Lineage company profile. Lineage Logistics, Inc NASDAQ: LINE is a leading provider of temperature-controlled industrial real estate and supply chain solutions. The company specializes in refrigerated and frozen storage, transportation, and ancillary services designed to support the global perishable goods industry. From food manufacturers and distributors to retailers and foodservice operators, Lineage offers tailored temperature management solutions that help clients optimize inventory turnover, reduce waste, and maintain product quality throughout the cold chain. Lineage's core services include ambient, refrigerated and frozen warehousing, cross-docking, transloading, and dedicated transportation. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Lineage, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lineage wasn't on the list. While Lineage currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.