The M&A window of opportunity is wide open
The bigger the better, on merit
Lineage Logistics has acquired European cold storage provider Partner Logistics, marking its first foray into international logistics.
The acquisition provides 101m cu ft of temperature-controlled capacity, with total capacity for 500,000 pallets across six automated warehouses and one conventional warehouse in the Netherlands, Belgium and the UK.
President and chief executive of Lineage Greg Lehmkuhl said the deal marked an important step in the company’s three-year effort towards developing its automation strategy.
“Our acquisition of Partner Logistics represents Lineage’s ongoing commitment to serving ...
Asia-USEC shippers to lose 42% capacity in a surge of blanked sailings
USTR fees will lead to 'complete destabilisation' of container shipping alliances
New USTR port fees threaten shipping and global supply chains, says Cosco
Outlook for container shipping 'more uncertain now than at the onset of Covid'
Transpac container service closures mount
DHL Express suspends non-de minimis B2C parcels to US consumers
Zim ordered to pay Samsung $3.7m for 'wrongful' D&D charges
Flexport lawsuit an 'undifferentiated mass of gibberish', claims Freightmate
Comment on this article