Cold Carriers, a truckload carrier assembled from four of KJMs acquisitions, filed chapter 11 protection on Friday, FreightWaves.com reported. Cold Carriers was formed when KJM consolidated it’s acquisitions of Gantt Trucking, Sunco Trucking, Blue Sky Trucking, and Interide Transport, into a single operating parent. The company had 339 trucks, according to FMCSA data. KJM is a private equity firm based in Orlando, Florida, that was launched in 2014 and made six acquisitions, five of which were in the transportation and logistics space. The firm says that it is focused on acquiring private companies with EBITDA between $3 million to $10 million and revenues between $20 million to $100 million.
