Challenger’s Great Updates: Fleet Expansion through Acquisition of Ed Wiersma Trucking Inc. and New Driver Pay
Challenger Motor Freight Inc. is pleased to announce that it has entered into an agreement to acquire the majority of assets of Ed Wiersma Trucking Inc. The acquisition is expected to be completed by the end of March, and is subject to standard legal and regulatory conditions. Both Challenger and Wiersma have been in the trucking business for more than 40 years and have been providing top quality services to customers across North America. The purchase of the majority of Wiersma’s assets will complement Challenger’s Special Commodities Division (SCD).
Lynda Crickmore, VP of Challenger SCD says, “This allows Challenger to more quickly expand our already large Flatbed service coverage. We have relationships with a significant number of premium shippers across North America and an acquisition like this gives us more opportunity to enhance our leadership position.”
As Challenger looks to continue to grow what is already one of Canada’s largest fleets, this acquisition reinforces its growth strategy to be a premier transportation and supply chain partner for its customers.
In addition to this latest acquisition, Challenger is introducing a significant pay raise to their existing and new drivers beginning March 30th.
Geoff Topping, VP of HR for Challenger and former driver, had this to say, “Recognizing that drivers go the distance for the company every day, Challenger implemented these big pay packages to reinforce the First Class driving experience we provide – and what we have done recognizes the driver’s hard work and dedication.”
Acquisitions and increasing driver pay are two ways that Challenger is leading the way with providing capacity for its valued customers. Already having one of the largest private fleets in Canada, Challenger recognizes that growth and expansion of the fleet is key to long-term success.