Illinois carrier to cease operations: cites brutal freight market, soaring insurance costs

Feb 27, 2020 at 08:29 AM CST
“The market in 2019 was brutal on us and we did everything in our power to survive, but then a couple of months after implementing [electronic logging devices] ELDs, the market tanked and we have not been able to recover for at least a year now,” Phil Kiszkiel, co-founder of BK Trans, told FreightWaves. His company, which he owns with his father, a former owner-operator, also picked up a number of leased trucks to try and stay afloat, but the high weekly overhead didn’t allow BK Trans to “keep the operation profitable.” Kiszkiel told FreightWaves, “We have gone into debt hoping for better times in the future, but the outlook for this year looks grim.”

Feb 27, 2020 at 08:29 AM CST

“The market in 2019 was brutal on us and we did everything in our power to survive, but then a couple of months after implementing [electronic logging devices] ELDs, the market tanked and we have not been able to recover for at least a year now,” Phil Kiszkiel, co-founder of BK Trans, told FreightWaves. His company, which he owns with his father, a former owner-operator, also picked up a number of leased trucks to try and stay afloat, but the high weekly overhead didn’t allow BK Trans to “keep the operation profitable.” Kiszkiel told FreightWaves, “We have gone into debt hoping for better times in the future, but the outlook for this year looks grim.”