Nearshoring works when teams stay. Explore how Rapido’s training-driven, people-first model creates long-term value for logistics operations.
Plus: states unite to curb trucking fraud, Transfix’s full shift to freight software, renewed questions over FMCSA’s chameleon carrier system, and more.
Here is another round-up of the most engaging and talked-about freight content from around the web and from us.
Lineage, the cold chain logistics leader, plans a massive $3.85 billion IPO, offering 47 million shares priced between $70 to $82 each.
Lineage, the temperature-controlled storage and logistics powerhouse, is set to make waves with one of the biggest IPOs since the COVID-19 pandemic. The company is aiming to raise up to $3.85 billion, potentially valuing the firm at a staggering $19.2 billion.
Market Impact: This IPO represents a rare sizable listing in the summer months. In the past decade, only three companies have raised more than $1 billion on US exchanges in July, excluding pandemic years.
Looking Ahead: While the terms may still change, this IPO signals strong confidence in the cold chain logistics sector. Investors and industry watchers should keep a close eye on Lineage's debut and its ripple effects.
Source: Bloomberg
U.S. warehouse vacancy rates hit 11-year high as trade uncertainty and shifting import patterns reshape logistics strategies
Freight Technologies stock soars after announcing plans to buy Trump coin, critics aren't thrilled.
A robust, proactive, and responsive security system is essential to reduce cargo theft risks effectively. Leading the charge in these solutions is remote live video monitoring. Learn more here.
Forward Air bounces back 30% after tanking from its Omni merger mess. Investors are cautiously optimistic about the turnaround.
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