CRST to redeploy portion of OTR fleet as part of restructuring effort

Iowa-headquartered carrier CRST announced plans to restructure OTR operations in response to changing customer demands and an evolving freight market.

In a December 4 statement, the Cedar Rapids-based trucking company said that 100 trucks from the Capacity Solutions OTR fleet would be redeployed to support the company’s other divisions.

An additional 200 trucks will be removed from the company’s fleet of 4,300 power units as part of the restructuring plan announced this week.

From CRST Dedicated Solutions President Jared Kilgore via LinkedIn:

CRST recently made a strategic decision to reduce a portion of our one-way over-the-road capacity operations. The total reduction is approximately 200 power units representing less than 4% of the total CRST portfolio. This move allows us to sharpen our focus on our core lines of business:

CRST Dedicated
CRST Specialized
CRST Home Delivery
CRST Brokerage
CRST Flatbed

The CRST OTR division will continue serving customers across the U.S, alongside the company’s other transportation and logistics services.

“This decision is intended to strengthen our ability to serve customers through the solutions that drive the most value, reliability and long-term stability,” CRST said.

The company reports that headcount will be reduced by 300 and that affected employees have received 60-days notice. CRST says that it will work to place affected drivers and employees with other divisions within the company.

“Amid a continuing turbulent market, CRST recently marked our most successful quarter since 2022, which demonstrates our long-term stability and continued investment in our people and our customers,” the company noted. “We look forward to a bright future ahead.”

CRST was founded as Cedar Rapids Steel Transport in 1955 and has since grown to become one of the nation’s largest privately held transportation and logistics companies.