May 19, 2022
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it was named to the CNBC Disruptor 50 list for the second consecutive year, earning the No. 3 spot on the list after earning the No. 17 spot in 2021. For the full list of CNBC Disruptor 50 companies, visit: cnbc.com/disruptors About Lineage Logistics Media Contacts:
The annual list highlights 50 fast-growing private companies in a range of industries that are transforming the world through innovation. Companies named as a CNBC Disruptor 50 are selected by CNBC and CNBC.com editorial staff using a proprietary blend of quantitative and qualitative information submitted by more than 1,400 nominated companies.
“Lineage is constantly applying innovative thinking to reimagine every link in the global supply chain for our customers, who represent some of the largest and most respected food companies in the world,” said Greg Lehmkuhl, President and CEO of Lineage. “Being named to the CNBC Disruptor 50 list is further validation of our commitment to our purpose, which is to transform the food supply chain to eliminate waste and help feed the world. We couldn’t be more proud to be recognized by CNBC for the second consecutive year and look forward to continuing to play a key role in advancing our industry forward.”
Over the past year, Lineage has announced several industry-leading initiatives and commitments in energy efficiency. The company signed The Climate Pledge in November and committed to be net-zero carbon across business operations by 2040 – ten years ahead of the Paris Agreement. In line with this commitment, Lineage also announced the installation of groundbreaking clean energy advancements at its facility in Colton, CA to establish the first facility in its network to generate 100% of its energy consumption on-site. Overall, the Company has reduced its energy intensity by 33% since 2015.
The company has also invested in fully automated greenfield and expansion projects within its own global network and for its customers, including fully automated facilities in Virginia, Kansas and Colorado. Lineage has a growing network of over 22 fully automated facilities worldwide.
In addition to technological innovation, Lineage has recently announced a number of exciting partnerships and initiatives to advance the food supply chain, including:
Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity, which spans 20 countries across North America, Europe, and Asia-Pacific. Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network and the development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was a 2022 U.S. Best Managed Company, No. 3 in the 2022 CNBC Disruptor 50 list, No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it was named to the CNBC Disruptor 50 list for the second consecutive year, earning the No. 3 spot on the list after earning the No. 17 spot in 2021.
For the full list of CNBC Disruptor 50 companies, visit: cnbc.com/disruptors
About Lineage Logistics