The Wall Street Journal called the IPO the hottest of this year. No, it wasn't a new artificial intelligence stock or social media site. It was for a company most people have never heard of, but that nevertheless plays an outsize role in what we eat every day. The IPO was for Lineage, the world's largest company specializing in maintaining the cold chain for millions of restaurants, grocery stores and homes. The impressive $4.4 billion it raised highlights the crucial role cold chain logistics play in the global economy. Cold chain logistics are particularly vulnerable due to their inherently fragile nature. That means mechanical breakdowns prolonged exposure to heat and simple human error all have outsized impacts on the risks of the damaged goods and ballooning costs. Nowhere is this more important than the high-value shipments critical for ensuring the quality of life and
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Anamika Mishra,
Sub Editor
