October 6 - Challenger Motor Freight, of Cambridge, Ontario and has acquired most of the assets of Sandrock Specialized Carriers, a special commodities carrier focusing on transporting heavy equipment and over-dimensional freight, established ten years ag
Challenger Motor Freight employs more than 2,300 and has appeared in the list of Canada's 50 Best Managed Companies for seven straight years. The move will increase the Challenger fleet which currently stands at over 1,500 trucks and 3,300 trailers.
In a statement, Challenger said the transaction comes at a time when the economy is tightening, traditional export markets are shifting, and the demands of the shipping public and Department of Homeland Security have placed immense pressures on Canadian carriers. Dan Einwechter, chairman and CEO of Challenger said: "We look forward to expanding our special commodities division" to a wider range of customers."
The new division will be led by the founder of Sandrock, Mark Sandrock who comments: "With the challenges in today's trucking industry, it is often necessary and sometimes inevitable to seek out a larger carrier to provide security and diversity of service, and such is the case for Challenger - Sandrock."
