Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, has announced that it has closed the acquisition of UTI Forwarding, a Rotterdam-based freight forwarder. “Together with UTI we will create even greater opportunities to provide end-to-end supply chain offerings for our shared customers,” said Mike McClendon, President of International Operations & EVP of…
Lineage Logistics, LLC, a global temperature-controlled industrial REIT and logistics solutions provider, announced its intention to acquire UTI Forwarding, a renowned Rotterdam-based freight forwarder. The acquisition marks Lineage’s entrance into the freight forwarding industry in Europe, further strengthening Lineage’s end-to-end supply chain offering by advancing the operational synergies for the movement of goods through Lineage’s…