Canada Cartage Diversified Income Fund declares March 2007 cash distribution



    TORONTO, March 15 /CNW/ - Canada Cartage Diversified Income Fund (the
"Fund") (TSX: TRK.UN), today declared a cash distribution of $0.0833 per unit
for the month of March, 2007. The cash distribution will be paid on April 13,
2007 to unitholders of record at the close of business on March 30, 2007. This
cash distribution covers the period from March 1, 2007 to March 31, 2007.
    The Fund intends to make monthly cash distributions to unitholders of
record on the last business day of each month, payable on or about the 15th
day of the following month.
    Unitholders who are non-residents of Canada will be required to pay all
withholding taxes payable in respect of any distributions by the Fund, whether
such distributions are in the form of cash or additional units.

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    About Canada Cartage Diversified Income Fund

    Canada Cartage Diversified Income Fund, through its indirect interest in
CCD Limited Partnership ("CCD"), is a leading national provider of
transportation services, specializing in fully outsourced, customer-located,
dedicated trucking services. With origins dating to 1914, CCD offers a number
of transportation & related services including dedicated trucking, warehousing
and distribution, general cartage, logistics and moving services. CCD has a
presence in 12 cities across Canada and operates a fleet of over 1,500 trucks,
1,900 trailers and more than one million square feet in distribution and
warehousing space.
    The Fund was established to provide unitholders with monthly cash
distributions generated from the operations of CCD. Management and other
insiders effectively own a 32.7% interest in the Fund ensuring interests are
aligned with those of unitholders. The Fund's units are listed on the Toronto
Stock Exchange under the symbol TRK.UN.
    Additional information relating to the Fund can be found at
www.canadacartageincomefund.com and www.sedar.com.





For further information:

For further information: James Rudyk, Chief Financial Officer, (905)
795-4241, jim_rudyk@canadacartage.com; Shawn Lanthier, Director, Corporate
Development, (905) 564-2115 (ext. 4362), shawn_lanthier@canadacartage.com

Organization Profile

CANADA CARTAGE DIVERSIFIED INCOME FUND

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