MONTREAL, Jan. 20, 2012 /CNW Telbec/ - TransForce Inc. (TSX: TFI), a
North American leader in the transportation and logistics industry,
today announced that H. John Stollery, P. Eng. has resigned as a member
of the Company's Board of Directors. Mr. Stollery has served as a Board
member since 2000. In addition to his duties as Director, Mr. Stollery
was active as a member of the Human Resources and Compensation
Committee. He is currently Chairman of the Board of Process Capital
Alain Bédard, TransForce Chairman, President and Chief Executive Officer
thanked Mr. Stollery for his years of service and guidance. "The
insight John regularly contributed has been most helpful as TransForce
has grown and evolved into various transportation and logistics
segments. The Board and indeed, all of our shareholders have benefited
from his vision. We wish him success in all his future endeavours."
A replacement will be elected at the Company's annual meeting scheduled
for April 26, 2012.
TransForce Inc. is a North American leader in the transportation and
logistics industry. Operating across Canada and the United States,
TransForce creates value for shareholders by identifying strategic
acquisitions and managing a growing network of wholly-owned, operating
subsidiaries. Under the TransForce umbrella, companies benefit from
corporate financial and operational resources to build their businesses
and increase their efficiency. TransForce companies service four
well-defined reportable segments:
Package and Courier;
Truckload, which includes specialized truckload and dedicated services;
Specialized Services, which includes waste management, energy sector
services, logistics and ancillary transportation services.
TransForce Inc. (TFI) is publicly traded on the Toronto Stock Exchange
(TSX). For more information, visit http://www.transforcecompany.com.
Except for historical information provided herein, this press release
may contain information and statements of a forward-looking nature
concerning the future performance of TransForce. These statements are
based on suppositions and uncertainties as well as on management's best
possible evaluation of future events. Such factors may include, without
excluding other considerations, fluctuations in quarterly results,
evolution in customer demand for TransForce's products and services,
the impact of price pressures exerted by competitors, and general
market trends or economic changes. As a result, readers are advised
that actual results may differ from expected results.
SOURCE TRANSFORCE INC.
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