KJM Capital acquires two refrigerated carriers
The combined fleets increased to 450 tractors and 700 refrigerated units, providing transportation needs to blue chip shippers nationwide.
KJM Capital, LLC, an Orlando, Fla.-based private equity firm, announced that, in separate transactions, it acquired Interide Transport, Salt Lake City, Utah, and Blue Sky Logistics, Smithfield, Utah. Both acquired companies are privately held, temperature-controlled carriers.
Interide Transport specializes in transporting refrigerated food products and other protected cargoes throughout the western United States. The company maintains a late-model fleet of over 100 tractors and 100 refrigerated trailers.
Blue Sky Logistics is a family-owned refrigerated carrier that also operates predominantly in the western United States. The company maintains more than 30 power units and 35 refrigerated trailers. Blue Sky has been integrated into Interide Transport to support the company’s growth in moving fresh and frozen food products throughout the western United States.
These latest additions complement KJM Capital’s acquisitions of Charles Gantt Trucking, Lexington, S.C., and Sunco Carriers (dba Watkins Refrigerated), Lakeland, Fla., in 2015 and 2016, respectively. The KJM family of carriers will offer full truckload, temperature-controlled transport services nationwide via a large, more modern fleet. The combined fleets increased to 450 tractors and 700 refrigerated units, providing transportation needs to blue chip shippers nationwide.