Lineage Logistics Acquires Cryo-Trans and its Fleet of Refrigerated Railcars for Temperature-Controlled Transportation
Lineage Logistics announced the acquisition of Cryo-Trans, North America’s leading provider of refrigerated and insulated railcars and rail management solutions. This industry-first partnership creates a uniquely comprehensive and seamlessly integrated supply chain solution for food and beverage customers. Financial terms of the transaction were not disclosed.
Cryo-Trans manages more than 40,000 annual rail shipments and owns over 2,200 refrigerated and insulated railcars, the largest private fleet of its kind in North America. Since designing its first temperature-controlled railcar in 1985, Cryo-Trans has partnered with its customers to develop sustainable and cost-efficient long-haul rail transportation solutions. Cryo-Trans has also leveraged its proprietary rail management programs to become a trusted rail management partner, providing real-time information and visibility to track, trace and expedite railcar shipments anywhere in North America.