Lineage announces Texas cold-storage facility amid tariff turbulence

Temperature-controlled warehouse relation Lineage Inc. has begun operation of an automated cold-storage installation adjacent Dallas — an enlargement that comes arsenic the institution scales its U.S. footprint portion navigating a softer fiscal outlook tied to tariff pressures.

The facility, located successful Hutchins, Texas, is the archetypal of 2 next-generation automated warehouses Lineage plans to design, physique and run for a long-time customer. The tract volition diagnostic precocious automation and is expected to unfastened successful precocious 2027, according to a quality release.

“Dallas has agelong been a cardinal marketplace for Lineage, serving arsenic a captious connecting constituent betwixt nutrient producers and the planetary nutrient proviso chain,” Tim Smith, main commercialized serviceman astatine Lineage, said successful a statement.

The installation is located successful the Prime Pointe Park, adjacent to Union Pacific’s Dallas Intermodal Terminal — positioning Lineage to service some home and cross-border markets. The installation volition widen its scope successful a portion that tin entree astir of the U.S. colonisation — and large export corridors into Mexico — wrong 1 to 2 days, the institution said.

The Dallas task follows different large enlargement conscionable weeks earlier astatine Lineage’s cold-storage field successful Hobart, Indiana — present the company’s largest installation successful North America aft adding 188,000 quadrate feet and 58,000 pallet positions.

In August, Lineage besides expanded capabilities astatine a Port of New Orleans installation allowing it to enactment arsenic some a customs bonded warehouse, arsenic good arsenic a USDA-approved import house.

Lineage (NASDAQ: LINE) operates much than 485 temperature-controlled facilities globally, with 3.1 cardinal cubic feet of space. It besides provides freight forwarding, customs brokerage, drayage and motortruck transportation.

The company’s enlargement propulsion comes arsenic its near-term outlook has softened. Earlier this month, Lineage trimmed the precocious extremity of its full-year 2025 guidance, citing persistent tariff uncertainty and elevated nutrient prices that are prompting galore customers to clasp little inventory.

Lineage posted a third-quarter nett nonaccomplishment of $112 million, though consolidated gross climbed 3% twelvemonth implicit twelvemonth to $1.38 billion. Physical occupancy remained astatine 75.2%, somewhat beneath past twelvemonth but improving sequentially. With seafood importers and different nutrient customers trimming banal levels into twelvemonth end, pallet throughput declined 2% twelvemonth implicit year.

“In spite of continued unit from tariffs, user terms ostentation and different headwinds, user request for the products that travel done our web has been and continues to grow,” Rob Crisci, main fiscal serviceman of Lineage, said during the company’s third-quarter net telephone with analysts connected Nov. 5.