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Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s largest listings.

Most of North America’s largest for-hire carriers operating in many diverse segments of the trucking industry reported higher revenues last year.

After running and owning a trucking company since 1943, the McBride family says it’s time to close the business.

Cold-storage specialist Lineage Logistics is branching into rail.

When Pfizer Inc. and BioNTech SE’s COVID-19 vaccine rolls off production lines, Shanghai Fosun Pharmaceutical Group Co. will be waiting to distribute it through a complex and costly system of deep-freeze airport warehouses, refrigerated vehicles and inoculation points across China.

The medical industry’s dash to produce the world’s first coronavirus vaccines in just a few months is heightening the urgency for the workhorses of global trade to be ready for the historic charge to defeat the disease.

Refrigerated carriers posted uneven results in 2018 with several firms generating double-digit gains and others seeing a drop in revenue.

Cold storage warehousing company Cloverleaf Cold Storage has entered into an agreement to merge with Zero Mountain Inc., a cold storage warehousing and transportation company serving customers in Arkansas, according to a Jan. 7 press release.