Lineage's LinOS: Boosting Earnings & Securing Contracts

Lineage, a significant player in the U.S. food cold storage market, is navigating muted demand and oversupply in the temperature-controlled warehousing sector. Despite a ten and a half percent increase in square footage between 2021 and 2024, Lineages occupancy rates have only slightly decreased to 75%. The company is implementing digital uniformity across its nearly 500 warehouses and rolling out its proprietary warehouse execution system, LinOS, to over 250 locations by 2029. This technology is expected to generate an additional $110 million in annual earnings and has helped Lineage secure new contracts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.