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Business Wire
13 hours ago
- Business
- Business Wire
Lineage Streamlines Import Process with Newly Certified Customs Bonded Warehouse Space in Seattle
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the 'Company'), the world's largest global temperature-controlled warehouse REIT, today announced that its Seattle – Garfield facility, located at the Port of Seattle, is now an approved Class 3 Public bonded storage facility. This is Lineage's first customs bonded facility in the state of Washington and one of the first refrigerated storage facilities with customs bonded space in the Seattle market. With this new certification, the site is now better equipped to help customers navigate the complexities of international logistics, enabling greater precision, flexibility and ease by providing safe temperature-controlled storage of imported goods under U.S. Customs and Border Protection (CBP) supervision until they are cleared for domestic commerce or re-export. These services provide a crucial gateway for temperature-sensitive imports arriving via the Port of Seattle. Located at 2001 W Garfield Street on Pier 90, Lineage's Seattle – Garfield facility offers cold storage, drayage, temperature-controlled rail and on-demand trucking. The new customs bonded warehousing service complements the site's existing USDA and FDA inspections, drayage and intermodal services, strengthening Lineage's ability to help make the import process easier and more streamlined for customers. 'Our certified customs bonded warehouse space in Seattle marks an exciting milestone for Lineage, reflecting our commitment to anticipate and meet customer needs in a dynamic global trade environment,' said Brian Beattie, President, North America West, at Lineage. 'By expanding our import service capabilities in a critical hub for global trade, we aim to offer our customers greater flexibility to respond to shifting market conditions while maintaining compliance and protecting product integrity.' The Seattle – Garfield facility joins Lineage's growing network of bonded warehouses and I-Houses in key markets across the U.S. strategically positioned for global connectivity. The company now operates 10 bonded warehouse locations and 42 USDA-approved I-House facilities nationwide, streamlining both regulatory compliance and import logistics for food shippers. To learn more about Lineage's global facility network and integrated transportation solutions, visit About Lineage Lineage, Inc. (NASDAQ: LINE) is the world's largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84 million square feet and approximately 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world's largest 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 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.
Yahoo
01-04-2025
- Business
- Yahoo
Lineage finalizes acquisition of Bellingham Cold Storage
Temperature-controlled warehouse operator Lineage Inc. announced Tuesday that it has acquired Bellingham Cold Storage (BCS) and its three warehouses. The facilities sit on the west coast of Washington at the Port of Bellingham and in Burlington, which are between the ports of Seattle and Vancouver, British Columbia. The combined footprint includes 85,000 pallet positions and 24 million cubic feet of space. 'This strategic acquisition positions us to better serve customers in the Pacific Northwest and beyond,' said Brian Beattie, president of North America West at Lineage. 'Bellingham has long been a cornerstone of the seafood and agriculture industries, and these facilities will allow us to offer additional supply chain solutions for our customers.' The deal boosts Lineage's Pacific Northwest network to 40 locations across Washington, Oregon and terms of the transaction were not provided. The deal first surfaced in March but required approval from the Port of Bellingham, where BCS has a 50-year lease. 'Between the Port's ongoing modernization project and the fantastic, dedicated BCS team members who will join the Lineage team, we have many reasons to be excited about this acquisition,' Beattie said. 'Lineage is better positioned than ever to be the premier cold chain partner in the Pacific Northwest.' Novi, Michigan-based Lineage (NASDAQ: LINE) manages 488 facilities with 3.1 billion cubic feet of space across North America, Europe and the Asia-Pacific region. It also provides freight forwarding, customs brokerage, drayage and truck FreightWaves articles by Todd Maiden: March supply chain data craters following inventory pull-forward Yellow's new bankruptcy plan revealed, next steps still uncertain Truckload earnings estimates cut as Q1 draws to a close The post Lineage finalizes acquisition of Bellingham Cold Storage appeared first on FreightWaves.
