Lineage Prepares for First Post-IPO Earnings Report
Wall Street expects the company to report $1.3 billion in revenue and an adjusted diluted loss per share of $1.73 for the quarter that ended in September.
Refrigerated Rates’ Near-Term Upside Likely Limited: FTR
Rates will improve in 2025, however, as will volumes, FTR Vice President of Trucking Avery Vise said during the research group’s Q4 2024 Food Industry Economic and Transportation Update.
NACFE: Early Electric TRUs Show Promise; Struggle With Costs
The research, published Oct. 18, marked NACFE’s first analysis of alternatives available to fleets, with the introduction of all-electric TRUs in its early stages.
Farm Is First Customer for Electrified Trailer Developer Range
Electrified dry van and refrigerated trailer developer Range Energy’s first publicly announced customer is set to be Petaluma Egg Farm, which serves Northern California grocery stores.
Ice Cream Giant Wells Enterprises Plans $425M New York Expansion
Wells, headquartered in Le Mars, Iowa, produces more than 200 million gallons of ice cream annually and distributes products in all 50 states.
Tyson, JBS Set for Earnings Spike From Poultry Rebound
Companies including Tyson Foods and JBS SA, which control a sizable chunk of global meat supplies, are set to report a spike in earnings for the quarter ended in June as a rebound in poultry profits counterbalances a downturn in their U.S. beef operations.
Kodiak Transports Refrigerated Freight for Martin-Brower
Kodiak Robotics’ autonomous semis are carrying loads for logistics group Martin-Brower Co. on routes between Dallas and Oklahoma City, the companies said Feb. 29.
March 1, 2024Lineage 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, 2024Decarbonizing Your Fleet with Innovative Refrigeration Units
Unlock the future of sustainability in your refrigerated fleet operations. Explore cutting-edge transport refrigeration technology to lower emissions and ensure proper temperature-controlled cargo.
December 1, 2023Lineage 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.