FW: Lineage Logistics fattens coffers again with $1.9bn funding round

FREIGHTWAVES reports:
The largest temperature-controlled logistics provider in the world, Lineage Logistics, announced Thursday it has raised $1.9 billion in equity from various investors. Lineage plans to use the capital to fund various new developments, facility expansions and tech initiatives. The company will also use the money to remain active acquiring smaller cold storage operators.
The latest funding round adds to the $1.6 billion equity raise the company completed in September, bringing …

The post FW: Lineage Logistics fattens coffers again with $1.9bn funding round appeared first on The Loadstar.

Source: The Loadstar

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