# Lineage

> Lineage is a publicly traded cold-storage warehouse REIT and logistics operator that stores, handles and moves food for producers, importers, distributors and retailers. It combines an international warehouse network with transportation, customs services, automation and proprietary software to reduce spoilage, routing costs and operational errors.

- **Founded:** 2008
- **Headquarters:** Novi, United States
- **Founders:** Adam Forste (Co-Founder and Co-Executive Chairman), Kevin Marchetti (Co-Founder and Co-Executive Chairman)
- **Products:** Global Warehousing, Global Integrated Solutions, Lineage Link, Sybil, Lineage Eye
- **Notable:** Expanded from one warehouse in 2008 into an international cold-storage network., Completed July 2024 IPO with $5.1 billion gross proceeds including overallotment; reduced debt by $4.9 billion., Reports more than 100 patents on its innovation page.

## Products & services

- **Global Warehousing** — Temperature-controlled storage, port-centric facilities, automated and built-to-suit warehouses, fresh and perishable handling and food-processing services.
- **Global Integrated Solutions** — Managed transportation, multivendor consolidation, LTL, foodservice distribution, drayage, forwarding, customs brokerage, rail and direct-to-consumer fulfillment.
- **Lineage Link** — Customer platform for inventory and shipment visibility, orders, reports and appointment scheduling; availability varies by facility, role and region.
- **Sybil** — Proprietary algorithm that predicts pallet duration of stay to assign storage locations and reduce forklift travel.
- **Lineage Eye** — AI-powered computer vision for receiving: captures pallet images, extracts product information and flags inconsistencies. Publicly described in March 2025; this is not a confirmed launch date.
- **LinOS** — Proprietary warehouse execution technology used in next-generation automated facilities.
- **Supply Chain Engineering** — Network, transport, inventory and facility-location analysis to redesign customer cold chains.

## Achievements

- Expanded from one warehouse in 2008 into an international cold-storage network.
- Completed July 2024 IPO with $5.1 billion gross proceeds including overallotment; reduced debt by $4.9 billion.
- Reports more than 100 patents on its innovation page.
- Reported handling more than 158 billion pounds of food in 2024.
- Reported moving 72 seafood containers in three days after the October 2024 port disruption.

## Latest updates

- **2026-09** — Paul Beiboer appointed to the board effective September 23; announcement September 24.
- **2026-09** — Declared $0.5325-per-share Q3 dividend, payable October 21, 2026.
- **2026-09** — Lineage reported completing food waste removal, washing and disinfection at Boyle Heights by September 5; said more than 89 million pounds were removed, with more than $100 million invested. Monitoring and other requirements continued.
- **2026-08** — Q2 revenue rose 0.8% to $1.361 billion; GAAP net loss $32 million and adjusted EBITDA down 1.8% to $320 million.
- **2026-08** — South Coast AQMD reported 26 odor-related notices of violation as of August 7 and an abatement order imposing more than 90 conditions after the June 17 warehouse fire.

## Links

- Website: https://www.onelineage.com/
- LinkedIn: https://www.linkedin.com/company/onelineage/
- Twitter/X: https://twitter.com/onelineage
- YouTube: https://www.youtube.com/channel/UCKrT_DOlm4icKdCJ7qNdTgg
- Instagram: https://www.instagram.com/onelineage/
- Facebook: https://www.facebook.com/lineagelogistics

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Profile page: https://yespress.io/lineage
Published by YesPress — https://yespress.io
Last updated: 2026-10-02