Ron [Analyst]'s questions to Lineage Inc (LINE) leadership • Q3 2024
Question
Ron [Analyst] asked about Lineage's ability to maintain pricing power in an environment of stable but soft demand and ongoing customer inventory rationalization.
Answer
CEO W. Lehmkuhl acknowledged soft food volumes but stated Lineage is focused on controlling costs and is positioned for operating leverage when volumes recover. He explained that since warehousing is a small portion of customer costs, Lineage can still achieve inflationary price increases as customers understand the company's own costs are rising.