How Much Did Gray Trucking Raise?
Funding & Key Investors

Gray Trucking has solidified its position in the expedited logistics sector, securing a significant capital injection to bolster its operational capacity. The firm, which has navigated the transportation landscape for over six decades, recently finalized a major strategic investment totaling $350K. This latest infusion brings the company's cumulative financial backing to $350K, underscoring investor confidence in its specialized freight delivery model.

What is Gray Trucking?

Gray Trucking
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Headquartered in Beverly, New Jersey, Gray Trucking operates as a critical node in the regional supply chain, focusing on time-sensitive freight solutions. The company distinguishes itself through a robust service portfolio that includes same-day and guaranteed next-day expedited shipping, alongside volume LTL and truckload capabilities. By maintaining 24/7 availability and specialized warehousing, the firm addresses the high-stakes requirements of clients operating within the Baltimore-Washington and New York City corridors. Their market position is defined by a legacy of reliability, effectively bridging the gap between urgent delivery demands and complex logistical execution.

How much funding has Gray Trucking raised?

Gray Trucking has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Gray Trucking

PPP

Public-Private Partnership

What's next for Gray Trucking?

With this late-stage capital, Gray Trucking is well-positioned to optimize its fleet management and expand its footprint in high-density urban markets. The strategic allocation of these funds will likely prioritize the modernization of tracking infrastructure and the enhancement of warehousing efficiency to meet the accelerating demands of e-commerce and industrial supply chains. As the firm scales, the focus will remain on maintaining the rigorous service standards that have defined its six-decade history, while leveraging its financial stability to navigate the evolving regulatory and economic landscape of the North American transportation sector.

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Frequently Asked Questions Regarding Gray Trucking Financial Insights

What are the most recent funding rounds that Gray Trucking has completed, and what were the funding rounds?
Gray Trucking has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Gray Trucking has raised to date?
Gray Trucking has raised a total of $350K in funding to date.
How many funding rounds has Gray Trucking completed?
Gray Trucking has completed 1 funding rounds.
How much funding did Gray Trucking raise in its most recent funding round?
Gray Trucking raised $350K in its most recent funding round.
Who are the lead investors in Gray Trucking's latest funding round?
The lead investor in Gray Trucking's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Gray Trucking's history?
The largest funding round in Gray Trucking's history was $350K.
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