We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Lineage Logistics acquires MTC Logistics

Lineage Logistics acquires MTC Logistics

Deal adds four cold storage locations along U.S. East and Gulf Coasts, expanding logistics provider's global footprint.

Blog_PressRelease_1-2.jpg
March 14, 2022
Supply Chain Quarterly Staff
No Comments
Cold storage and logistics solutions provider Lineage Logistics has acquired MTC Logistics, a cold chain services provider with four locations on or near the ports of Baltimore; Wilmington, Delaware; and Mobile, Alabama, Lineage officials said. Terms of the deal were not disclosed.

The acquisition gives Lineage an additional 38 million cubic feet of capacity and more than 113,000 pallet positions in the United States, company leaders said. The four facilities will add to Lineage’s footprint of more than 400 locations worldwide, totaling more than 2 billion cubic feet of capacity across 19 countries.

MTC Logistics was a wholly owned subsidiary of Baltimore-based Hoffberger Holdings, Inc. The company provides warehousing services, including blast freezing, import/export services, case selection, transportation/port drayage, and storage between -20 degrees Fahrenheit and 40 degrees Fahrenheit.

The deal follows a recent equity funding round in which Lineage raised $1.7 billion from investors, announced in January. In December, the cold storage giant announced an expansion near the Port of Savannah, breaking ground on a $62 million fresh produce facility expected to be completed by the end of this year.
Logistics Services Warehousing
KEYWORDS Lineage Logistics MTC Logistics
    • Related Articles

      Lineage Logistics acquires VersaCold Logistics

      Lineage Logistics acquires supply chain management software vendor Turvo

      Lineage Logistics expands near Port of Savannah

    Recent Articles by Supply Chain Quarterly Staff

    More women join trucking industry as technicians

    GE Appliances unveils $450 million upgrade to manufacturing plant in KY

    Freight technology provider Loadsmart acquires computer vision platform provider

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Wabash opens trailer manufacturing facility in Indiana

    • Six defining challenges of omnichannel fulfillment

    • Postal advocacy group says “excessive” July 9 stamp price hike will hurt consumers

    • California bill would require large corporations to disclose their greenhouse gas emissions

    • Panorays extends risk management throughout the digital supply chain

    Featured Video

    8757b894 244c 4429 b5d8 e6df7b479d82

    Penalties for Wood Packaging Material Violations

    Viewer Contributed
    Our Services Include: Customs Broker Denver Freight Forwarder Denver Global Logistics Denver Cargo Insurance Denver Customs Bond Denver Customs Clearance Denver Customs Duty Denver Isf Filing Denver More details: Phone : 281-445-9779 Email: info@gallaghertransport.com Website: gallaghertransport.com

    FEATURED WHITE PAPERS

    • Five questions to ask before electrifying your indoor forklift fleet

    • Operator assist system myths busted

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing