Why Lineage’s third expansion in Hobart is a game-changer
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Hello Source and welcome to the coolest community in freight!
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The deal was $725 million, with $650 million paid at closing and the potential for an additional $75 million contingent on 2025 performance metrics
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The company added 188,000 square feet of space, about 58,000 additional pallet positions
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Prologis says rising transportation costs forcing tenants to rethink inventory positioning
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Are you losing money to product spoilage and costly regulatory issues? Read more.
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Catch up on Running on Ice on YouTube
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Wanna chat in the cooler? Shoot me an email with comments, questions or story ideas at moconnell@freightwaves.com
See you on the internet,
Mary
If this newsletter was forwarded to you, you must be pretty chill. Join the coolest community in freight and subscribe for more at freightwaves.com/running-on-ice. You can also stay up to date with Running on Ice: The Show every Friday at 2 p.m. EST on freightwaves.com.
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