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Lineage continues to stabilize customer inventory and close underutilized facilities

FreightWaves · ·by G4L

LINE
LINE Lineage Inc
$35.40 +1.49%
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  1. 1Lineage reported that customer inventory has stabilized at low levels.
  2. 2Lineage recorded a net loss of $173 million in the third quarter.
  3. 3Since early 2025, 2.6 million square feet of operations have been suspended across 16 Lineage locations.

So what's the key point?

While customer warehouse inventory at Lineage has stabilized at low levels, the company reported a $173 million loss in the third quarter. The closure of some facilities indicates that the company is in a difficult situation.

Source FreightWaves · View original ↗

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