Lineage and Port of New Orleans Collaborate to Expand Bonded Warehouse Space, Strengthening Global Trade Flows
Lineage's Jourdan Road cold storage facility in New Orleans now offers both I-House capabilities and customs bonded space, enhancing supply chain resilience and consumer access.
Lineage, Inc. (NASDAQ:LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, together with the Port of New Orleans (Port NOLA), today announced the certification of Lineage's Jourdan Road facility in New Orleans East as a Class 3 Public Bonded Warehouse. This milestone marks Lineage's first customs bonded facility in Louisiana and strengthens Port NOLA's role as a premier Gulf gateway for global trade. Earlier this year, the Jourdan Road facility also became the only public import house or I-House in Louisiana.
The Jourdan Road facility is one of a kind in Louisiana by offering these two important features:
- I-House capabilities, providing on-site USDA inspections of imported food.
- Customs bonded storage, allowing goods to be securely stored under U.S. Customs supervision until duties and tariffs are paid.
These services help importers move food products into the U.S. more efficiently, which can also keep costs lower for businesses and ultimately consumers. By reducing delays and streamlining inspections, bonded and I-House facilities make it easier for perishable goods like beef, pork, seafood, and exotic meats to reach grocery shelves and restaurant kitchens quickly and safely.
"In today's ever-evolving international trade landscape, having the right infrastructure with secure, customs-regulated storage is of growing importance to our customers," said Brian Beattie, President, Western US Operations at Lineage. "The dual I-House and customs bonded designation positions Lineage on Jourdan Road as one of the most versatile cold storage facilities in the state."
"This partnership demonstrates the power of aligning Port NOLA's world-class multimodal connectivity with Lineage's industry-leading cold storage expertise," said Beth Branch, Port NOLA President and CEO and New Orleans Public Belt (NOPB) CEO. "By combining these expanded services, we are helping to strengthen Louisiana's position in the global supply chain and ensuring that families across America have dependable access to temperature-sensitive products."
Located on the Inner Harbor Navigation Canal in New Orleans East, the Jourdan Road facility spans over 304,000 square feet. Its proximity to major protein producers, global shipping routes, and intermodal networks makes it ideally suited for handling high-volume, temperature-sensitive cargo.
With this certification, Lineage now operates 12 bonded warehouses in the U.S. and 42 USDA-approved I-House facilities, furthering the company's efforts to enhance the global cold chain through strategically placed hubs and specialized import/export services. Together with Port NOLA's deepwater access and six Class I rail connections, this expansion reinforces New Orleans' role as a critical trade gateway linking international markets to America's consumers.
About Lineage
Lineage, Inc. (NASDAQ:LINE) is the world's largest global temperature-controlled warehouse REIT with a network of over 485 strategically located facilities totaling approximately 86 million square feet and approximately 3.1 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world's largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world. Learn more at onelineage.com and join us on LinkedIn, Facebook, Instagram, and X.
Forward Looking Statements
Certain statements contained in this press release may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Lineage intends for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in those acts. Such forward-looking statements can generally be identified by Lineage's use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," "seek," "objective," "goal," "strategy," "plan," "focus," "priority," "should," "could," "potential," "possible," "look forward," "optimistic," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to certain risks and uncertainties, including known and unknown risks, which could cause actual results to differ materially from those projected or anticipated. Therefore, such statements are not intended to be a guarantee of Lineage's performance in future periods. Except as required by law, Lineage does not undertake any obligation to update or revise any forward-looking statements contained in this release.
About Port NOLA
The Port of New Orleans (Port NOLA) is a modern multimodal gateway for global commerce and an in- demand cruise port — delivering seamless, integrated logistics solutions between river, rail and road. Port NOLA is a diverse deepwater port uniquely located on the Mississippi River near the Gulf of Mexico -- with access to 30-plus major inland hubs such as Dallas, Memphis, Chicago and Canada via 14,500 miles of waterways, 6 Class I railroads and interstate roadways. Strategic alignment with the New Orleans Public Belt Railroad, a Class III connecting railroad, strengthens Port NOLA's position as an integrated hub and supports the Port's mission of driving regional economic prosperity. For more information, visit: www.portnola.com.
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