Lineage Eyes $110M Lift from Warehouse Tech Rollout
Cold storage warehouse operator Lineage, Inc. provided an update on some longer-term initiatives after the market closed on Monday. It also provided an expected financial contribution from the increased adoption of its proprietary warehouse execution system, LinOS.
The Novi, Michigan-based company’s management team provided a market update to analysts and investors during a Monday call that was in line with commentary provided on its third-quarter call in early November. It said demand remains muted given high food costs, which are weighing on how much inventory its customers are...
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