Fraley and Schilling (F&S) has acquired KBT Enterprises Inc., a Fishers, Ind.-based pneumatic dry bulk trucking company. KBT, which was founded in 1995, will operate as a subsidiary of Fraley and Schilling Holdings. This acquisition, which was completed on Dec. 31, 2020, will support the growth of home daily trucking opportunities for many families in the Fraley and Schilling operating area.
“KBT’s culture, reputation, and market aligns with Fraley and Schilling’s mission to be the First Choice Among Premier Drivers and Transportation Professionals,” said F&S President Chris Seals. “At F&S, our priority is to intentionally grow our company in a way that puts our people first.” With this new acquisition, we will leverage our fleet advantages to build and grow the existing team at KBT. We are excited to expand our existing presence in the pneumatic tank market and bring our hallmark Lightweight Advantage to a new part of the industry.”
Fraley and Schilling Holdings is a trucking, warehousing, and logistics provider based in Rushville, Ind. that specializes in lightweight equipment for hauling heavy products such as metal and building products. Beginning in 1955, F&S utilizes lightweight equipment to move essential goods across the United States and with continued plans to grow with over 750 transportation professionals employed across the U.S., and over 300 in Indiana.
“With this new acquisition, we will leverage our fleet advantages to build and grow the existing team at KBT,” Seals added. “We are excited to expand our existing presence in the pneumatic tank market and bring our hallmark Lightweight Advantage to a new part of the industry.”
