KRD Trucking

KRD Trucking, located in Illinois, specializes in freight transportation and logistics solutions, efficiently managing the movement of goods across diverse industries to meet clients' specific shipping needs. KRD Trucking, founded in 1987 and headquartered in Illinois, US, operates as a freight transportation company. The firm has undergone a recapitalization in 2010, facilitated by Hammond, Kennedy, Whitney & Co. The company was established by founders whose background details are not publicly available, and it has engaged in one notable deal to date.

KRD Trucking specializes in freight transportation and logistics solutions, providing essential services that facilitate the movement of goods across various industries. Their core offerings include full truckload (FTL) and less-than-truckload (LTL) shipping, along with dedicated contract carriage and logistics management services. These services are designed to address the logistics challenges faced by businesses, such as timely delivery, cost efficiency, and reliability. KRD Trucking serves a diverse client base that includes manufacturers, retailers, and distributors primarily in the Midwest and Southeastern regions of the United States, where they offer tailored solutions to meet specific shipping needs.

The company aims to streamline supply chains for their clients by ensuring secure and efficient transportation of products, thereby enhancing operational efficiency and customer satisfaction. KRD Trucking generates revenue through a combination of direct B2B transactions and contractual agreements with corporate clients. The company operates on a transaction structure that involves service agreements for freight transportation, allowing clients to schedule shipments based on their operational requirements. Revenue is primarily derived from full truckload and less-than-truckload shipments, with pricing based on distance, weight, and specific service requirements.

Clients typically engage in annual contracts or per-shipment agreements, ensuring a steady flow of business for KRD Trucking. This model allows the company to maintain stable revenue streams while providing flexible solutions tailored to the diverse needs of their clientele. As of now, KRD Trucking focuses on enhancing its service offerings and expanding geographical reach. The company is exploring new logistics solutions that cater to emerging market needs, with specific plans to expand its operations into additional regions within the Midwest and Southeastern US by 2025.

The recapitalization completed in October 2010 will be utilized to support these growth initiatives, ensuring sufficient resources are allocated to develop new products and strengthen market presence.