Lineage Logistics reported to be pursuing $30B-plus IPO

Temperature-controlled storage and logistics provider Lineage Logistics has been reported to be pursuing a more than $30 billion initial public offering for next year.

Backed by private equity firm Bay Grove, Novi, Michigan-based Lineage is the largest cold storage real estate investment trust in the world. The company has amassed a portfolio of more than 400 facilities and 2.5 billion cubic feet of space across North America, Europe and the Asia-Pacific since 2008.

Lineage provides end-to-end...

https://www.freightwaves.com/news/lineage-logistics-reported-to-be-pursuing-30b-plus-ipo

Petroleum hauler Patriot being sold to United at solid premium

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The acquisition of publicly held tanker carrier Patriot Transportation Holding by privately held...

https://www.freightwaves.com/news/petroleum-hauler-patriot-being-sold-to-united-at-solid-premium

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