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  "slug": "lineage-inc",
  "name": "Lineage, Inc.",
  "updatedAt": "2026-10-02T15:50:25.108993Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "Lineage, Inc. is a global temperature-controlled warehousing and logistics company serving the food supply chain. Its core businesses are cold-storage warehousing and integrated logistics, including transportation and freight services; it operates as a real estate investment trust (REIT). The company describes its purpose as helping feed the world and its ambition as transforming the food supply chain to eliminate waste. [P46780162][P19192888][https://www.onelineage.com/about-us]\n\nAt December 31, 2025, Lineage operated 501 warehouses across North America, Europe and Asia-Pacific, with approximately 88 million square feet of capacity, and employed about 24,000 people worldwide. [P46780162][P3061549] Revenue was $5.355 billion for fiscal 2025; in the first quarter of 2026, revenue was $1.297 billion. [T8640528][T7540548]\n[P46780162][P19192888][https://www.onelineage.com/about-us][P3061549][T8640528][T7540548][https://www.onelineage.com/about-us]",
      "updatedAt": "2026-10-02T15:50:25.108993Z"
    },
    {
      "type": "PRODUCTS",
      "text": "Lineage’s main customer offerings are temperature-controlled storage and related warehouse services for frozen and perishable goods. Services include receiving and handling, case-picking, order assembly, pallet building and retrieval, repackaging, load consolidation, cross-docking, container handling, import/export support, quality control, and approved storage and inspection. Its cold-storage capabilities also include blast-freezing in ultra-cold spaces designed to rapidly lower product temperature. [P38438142][P83138777]\n\nIts Global Integrated Solutions offerings include multi-vendor less-than-truckload consolidation, port drayage, over-the-road trucking, freight forwarding, refrigerated rail-car leasing, foodservice distribution in select markets, and e-commerce fulfillment. [P19192888][P39155567][P52808914] Automated warehousing capabilities described by the company include automated storage-and-retrieval systems, multi-level high-bay storage, and dynamic profiling. Lineage also describes its proprietary LinOS warehouse-execution technology and Lineage Eye, a computer-vision system that images pallets for inventory checks. [P64040619][https://www.onelineage.com/services/automated-warehousing][https://www.onelineage.com/news-stories/lineage-eye-modern-cold-storage-warehouse]\n\nFor the six months ended June 30, 2026, revenue was $2.658 billion: Global Warehousing contributed $1.990 billion (74.9%) and Global Integrated Solutions $668 million (25.1%). Warehousing revenue comprised $1.028 billion of storage and $962 million of warehouse services. Percentages are calculated from reported amounts. [T16737767][T16737775] For full-year 2025, transportation and refrigerated rail-car leasing together accounted for approximately 57% of Global Integrated Solutions revenue; the company did not separately disclose the revenue of each of those services. [P19192888]\n[P38438142][P83138777][P19192888][P39155567][P52808914][P64040619][T16737767][T16737775][https://www.onelineage.com/services/automated-warehousing][https://www.onelineage.com/news-stories/lineage-eye-modern-cold-storage-warehouse]",
      "updatedAt": "2026-10-02T15:50:25.108993Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "As of June 30, 2026, Lineage operated 498 warehouses across North America (323), Asia-Pacific (89) and Europe (86), with approximately 87 million square feet and 3.1 billion cubic feet of capacity across its network [P146258847]. Its 2025 country-level disclosures list facilities in the United States and Canada; Belgium, Denmark, France, Germany, Italy, the Netherlands, Norway, Poland, Spain and the United Kingdom; and Australia, New Zealand, Singapore, Sri Lanka and Vietnam. The 2025 Global Warehousing table counted 482 warehouses across these regions; Lineage separately reported 19 Global Integrated Solutions warehouses excluded from that segment table [T866900][P46780162][T4757943].\n\nFor 2025, external-customer revenue was $3.469 billion in the United States, $283 million in Canada, $1.153 billion in Europe, $445 million in Asia-Pacific and $5 million in other foreign locations. These amounts represented approximately 64.8%, 5.3%, 21.5%, 8.3% and 0.1% of total revenue, respectively; North America together accounted for about 70.1% [T2081709]. The company reported approximately 24,000 team members: 17,000 in North America, 5,000 in Europe and 2,000 in Asia-Pacific [P8602691].\n\nLineage’s principal executive office is listed at 46500 Humboldt Drive, Novi, Michigan 48377 [T16737719].\n[P146258847][T866900][T866900][T866900][T866900][T866900][P46780162][T4757943][T4757943][T4757943][T2081709][T2081709][T2081709][T2081709][T2081709][T2081709][P8602691][T16737719]",
      "updatedAt": "2026-10-02T15:50:25.108993Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Lineage, Inc. reports two operating segments: Global Warehousing and Global Integrated Solutions [P146258838]. Global Warehousing provides temperature-controlled warehouse storage and related warehouse services. Global Integrated Solutions provides food-supply-chain services, including transportation and refrigerated rail-car leasing; the company also identifies foodservice distribution in select markets and e-commerce fulfillment as part of its activities [T16737775][P19192888].\n\nFor the six months ended June 30, 2026, Global Warehousing generated $1,990 million, approximately 74.9% of total net revenues, and Global Integrated Solutions generated $668 million, approximately 25.1% [T16737767]. For full-year 2025, the corresponding revenues were $3,950 million (approximately 73.8%) and $1,405 million (approximately 26.2%), respectively [T8640528]. Percentages are calculated as segment revenue divided by total net revenues; transportation and refrigerated rail-car leasing are business lines within Global Integrated Solutions, not additional reportable segments [P19192888].\n[P146258838][T16737775][P19192888][T16737767][T16737767][T16737767][T8640528][T8640528][T8640528]",
      "updatedAt": "2026-10-02T15:50:25.108993Z"
    },
    {
      "type": "HISTORY",
      "text": "Adam Forste and Kevin Marchetti formed Bay Grove in 2007; in 2008, they acquired Seafreeze, a cold-storage warehouse in Seattle, beginning the operating platform that became Lineage. The company identifies 2012 as its establishment year. [https://www.bay-grove.com/history][https://www.sec.gov/Archives/edgar/data/1868159/000095012324003243/filename1.htm]\n\nLineage expanded through acquisitions, including Millard Refrigerated Services, Loop Cold Storage, and Oneida Cold Storage in 2014, and Consolidated Distribution Corporation in 2016. It continued growing internationally with acquisitions such as Preferred Freezer in 2019, Emergent Cold in 2020, and the Kloosterboer Group in 2021; MTC Logistics and VersaCold followed in 2022. [https://www.onelineage.com/news-stories/lineage-logistics-acquire-millard-refrigerated-services][https://www.onelineage.com/news-stories/lineage-acquisitions-loop-oneida-millard][https://www.onelineage.com/news-stories/lineage-logistics-acquires-consolidated-distribution-corporation][https://www.onelineage.com/news-stories/lineage-logistics-closes-acquisition-preferred-freezer-services][https://www.onelineage.com/news-stories/lineage-logistics-closes-acquisition-emergent-cold][https://www.onelineage.com/news-stories/lineage-completes-acquisition-kloosterboer-group][https://www.onelineage.com/news-stories/lineage-acquires-mtc-logistics][https://www.onelineage.com/news-stories/lineage-logistics-closes-acquisition-versacold-logistics-services]\n\nGreg Lehmkuhl became president and CEO in June 2015. In 2024, the company adopted the Lineage name, having previously been known as Lineage Logistics, and completed its initial public offering, with shares beginning to trade on Nasdaq under the ticker LINE. [https://ir.onelineage.com/governance/board-of-directors/][https://www.onelineage.com/news-stories/lineage-logistics-rebrand-lineage][https://ir.onelineage.com/press-releases/news-details/2024/Lineage-Announces-Pricing-of-Initial-Public-Offering/default.aspx][https://ir.onelineage.com/press-releases/news-details/2024/Lineage-Announces-Closing-of-Initial-Public-Offering/default.aspx]\n[P68946714][T7226330][https://www.bay-grove.com/history][https://www.sec.gov/Archives/edgar/data/1868159/000095012324003243/filename1.htm][https://www.onelineage.com/news-stories/lineage-logistics-acquire-millard-refrigerated-services][https://www.onelineage.com/news-stories/lineage-acquisitions-loop-oneida-millard][https://www.onelineage.com/news-stories/lineage-logistics-acquires-consolidated-distribution-corporation][https://www.onelineage.com/news-stories/lineage-logistics-closes-acquisition-preferred-freezer-services][https://www.onelineage.com/news-stories/lineage-logistics-closes-acquisition-emergent-cold][https://www.onelineage.com/news-stories/lineage-completes-acquisition-kloosterboer-group][https://www.onelineage.com/news-stories/lineage-acquires-mtc-logistics][https://www.onelineage.com/news-stories/lineage-logistics-closes-acquisition-versacold-logistics-services][https://ir.onelineage.com/governance/board-of-directors/][https://www.onelineage.com/news-stories/lineage-logistics-rebrand-lineage][https://ir.onelineage.com/press-releases/news-details/2024/Lineage-Announces-Pricing-of-Initial-Public-Offering/default.aspx][https://ir.onelineage.com/press-releases/news-details/2024/Lineage-Announces-Closing-of-Initial-Public-Offering/default.aspx]",
      "updatedAt": "2026-10-02T15:50:25.108993Z"
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