Challenger acquires special commodities carrier

CAMBRIDGE, Ont. — Challenger Motor Freight revealed its intention to purchase certain assets of the special commodities business of INX PRESS Corporation.

INX PRESS was founded in 1988 by Robert Sherwood. The Ontario-based carrier is a special commodities fleet focusing on transporting heavy equipment and over-dimensional freight.

“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 INX PRESS,” said Sherwood. “I take comfort as I leave the industry knowing that both my customers and employees will be associated with a carrier of Challenger’s calibre.”

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.

“The addition of the INX PRESS business is a significant moment for both our companies,” said Dan Einwechter, chairman and CEO for Challenger. “With the addition of their equipment and expertise, we look forward to expanding our special commodities division to provide Challenger’s innovative transportation solutions to a wider range of customers as well as our combined existing client base.”

Headquartered in Cambridge, Ont. Challenger also operates Elgin Motor Freight, Cam Hiltz Trucking, Lodwick Transport, and MCX as unique separate entities.

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