Cold Carriers Continues to Strengthen Management Team

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Cold Carriers announced that Dave Wiebusch and Rick Morin have joined the company as General Manager of East Region and Vice President of Fleet Operations, respectively.

Both come from Swift Transportation, the nation’s largest full truckload trucking company, where they each have worked for over 20 years. Wiebusch and Morin also worked under Randy Savoy, who joined Cold Carriers in October as its COO, while at Swift.

Wiebusch will have operational responsibility over the company’s Gantt Trucking (Lexington, SC) and Sunco Trucking (Lakeland, FL) operating companies, as well any future carriers acquired in the eastern US. Wiebusch previously was Director of Grocery Dedicated-West Region for Swift, where he oversaw operations for Swift’s dedicated refrigerated fleet of 1000 tractors and $150 Million of revenue.

Morin will be responsible for the entire Cold Carriers’ fleet of over 450 tractors and 700 temperature-controlled trailers. Morin most recently served as Director of Shop Operations-Grocery Dedicated for Swift, where he managed the maintenance program for its fleet of 2300 Tractors and 4000 reefers.

“Dave and Rick are both seasoned executives in the trucking industry whom I have worked with for over a decade,” said Savoy. “Time and time again they have proven their ability to manage large operations and bring innovative solutions to improving customer service and optimizing our assets. I am excited to have them join me as we continue to grow Cold Carriers.”

“We are excited that Dave and Rick will be joining us as we continue to strengthen our management team,” said Kenneth Meister, chairman and CEO. “We anticipate making further acquisitions in 2018 and Dave and Rick, in addition to Randy, will allow us to continue to integrate those operations seamlessly as we offer nationwide services to our shippers and producers throughout the continental U.S.”

About Cold Carriers:

Cold Carriers was formed in 2015 when KJM Capital acquired Charles Gantt Trucking Inc. (Lexington, SC), a leading provider of temperature-controlled truckload freight in the eastern U.S. Since then, Cold Carriers has acquired Interide Transport LLC (Salt Lake City, UT), Sunco Carriers d/b/a Watkins Refrigerated (Lakeland, FL) and Blue Sky Logistics (Smithfield, UT) and now operates a fleet of 450 tractors and 700 refrigerated trailers nationwide under the Gantt Trucking, Interide Transport and Sunco Trucking names. According to Meister, several additional acquisitions are planned for 2018 to continue to build a family of truckload temperature-controlled carriers integrated on a common transportation management software platform to offer seamless services to its customers.

About KJM Capital:

KJM Capital, LLC, an Orlando, Florida-based private equity firm, was founded by Kenneth Meister and his partners to acquire leading lower to middle market companies that serve business customers. The firm seeks to acquire leading companies with the objective of providing operational, financial and IT support, thereby allowing management to implement growth initiatives and improve the customer experience.

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Kenneth Meister
KJM Capital
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