Tariffs and Backlogged Orders Fuel Rising Flatbed Trucking Rates
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Kreilkamp Trucking Acquires Key Assets of Gray Transportation Amid Industry Struggles
New Blog PosIn a strategic move to expand its operations, Kreilkamp Trucking, a family-owned carrier based in Allenton, Wisconsin, has acquired the assets of Gray Transportation, a well-established carrier in Waterloo, Iowa. After more than four decades in business, Gray Transportation will cease operations, leaving a significant gap in the industry.
Trucking Sector Faces Short-Term Pain, but Long-Term Recovery Remains Likely
Citi’s transportation analysts have come out with a new report, asserting that the recent downturn in trucking stocks may be an overreaction, driven largely by investors’ knee-jerk responses to sharp declines in trucking spot rates.
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