Lineage Logistics Leads US IPOs Heading for Second Quarter
Lineage Logistics is leading a crop of private companies weighing initial public offerings in the U.S. as soon as the second quarter, according to people familiar with the matter.
February 9, 2024Lineage Logistics Eyes Over $30 Billion Valuation in IPO
Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s largest listings.
Industry Sector Rankings Show Growth, Acquisitions by Carriers
Most of North America’s largest for-hire carriers operating in many diverse segments of the trucking industry reported higher revenues last year.
Colonial Freight to Close after Nearly 80 Years
After running and owning a trucking company since 1943, the McBride family says it’s time to close the business.
Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans
Cold-storage specialist Lineage Logistics is branching into rail.
Pfizer Vaccine Road Map Shows Logistical, Financial Obstacles
When Pfizer Inc. and BioNTech SE’s COVID-19 vaccine rolls off production lines, Shanghai Fosun Pharmaceutical Group Co. will be waiting to distribute it through a complex and costly system of deep-freeze airport warehouses, refrigerated vehicles and inoculation points across China.
November 12, 2020Vaccine Cargo Cavalry Sizes Up Readiness of Historic Airlift
The medical industry’s dash to produce the world’s first coronavirus vaccines in just a few months is heightening the urgency for the workhorses of global trade to be ready for the historic charge to defeat the disease.
Refrigerated, Flatbed Carriers See Surge in Business in 2018
Refrigerated carriers posted uneven results in 2018 with several firms generating double-digit gains and others seeing a drop in revenue.
Cloverleaf Cold Storage Enters Agreement to Merge with Zero Mountain
Cold storage warehousing company Cloverleaf Cold Storage has entered into an agreement to merge with Zero Mountain Inc., a cold storage warehousing and transportation company serving customers in Arkansas, according to a Jan. 7 press release.
Dresdner Robin Completes Work on $25 Million Baldor Foods Expansion
Dresdner Robin, a Jersey City, N.J.-based land use consultancy, has finished work on a $25 million expansion at the Bronx headquarters of Baldor Specialty Foods.
November 5, 2018