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Stock impact report

Kreilkamp Trucking acquires Iowa truckload carrier's assets [Yahoo! Finance]

Deere & Company (DE) 
Last deere & company earnings: 2/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.deere.com/home/default.aspx
Company Research Source: Yahoo! Finance
The deal allows Kreilkamp Trucking to assume control of an undisclosed number of Gray Transportation's trailers and freight contracts, and some drivers will join Kreilkamp from Gray, said CEO Tim Kreilkamp. “I don't want to go into too much detail, but there were certain assets that were advantageous to our fleet moving forward,” Kreilkamp told FreightWaves in an interview. Terms of the agreement were not disclosed. Kreilkamp Trucking is a family-owned carrier based in Allenton, Wisconsin. The company primarily services an area covering the Midwest to the Eastern Seaboard. Kreilkamp hauls products including refrigerated meats, cheese, spirits, agricultural supplies, manufacturing supplies, paper goods and printed material. “We've been in business since 1935 and I currently represent the fourth generation of family management, with the fifth generation working here as well,” Kreilkamp said. “Kreilkamp is a Midwest carrier and we're running about 300 trucks.” Kreilkamp Truc Show less Read more
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