charger is most definitely in trouble. If things were good , why would a freight company start selling new trucks as extra revenue stream? Not only that every other week they have to create new subsidiary companies to pull their trailers , i would wonder what is going onCharger is not in any kind of trouble financially . I have one of my known person working in Truck Sales @ Charger. According to him Charger is making more money in Truck sales compared to logistics . They are selling brand new trucks after one Trip as well they are getting Brand New trucks at much cheaper rates compared to Market and are making big money out of it.
Secondly they are investing a lot in Real Estate aa well . Recently they bought big Truck Terminal in Cambridge from McArthur Express on Werlich Drive.
ties to BKFS in India, if I'm remembering correctly think his parents own that but I could be wrongSounds like one heck of a business. 10 years from nothing to hundreds of trucks.. and its a young fella who owns it.. wow..