WOODSTOCK, ON, Jan. 15 /CNW/ - Contrans Income Fund (TSX. Symbol CSS.UN)
today declared a cash distribution of CDN $0.1042 per unit, for the month of
January 2008, to unitholders of record at the close of business on January 31,
2008. The distribution payment will be made on February 15, 2008.
The Fund is an unincorporated, open-ended limited purpose trust created
for the purpose of acquiring and holding certain investments.
Contrans has been providing freight transportation services since 1985.
With approximately 1,400 power units and 2,300 trailers under management,
Contrans is one of the largest freight transportation companies in Canada.
The Fund provides unitholders with monthly distributions. Trust units are
listed on The Toronto Stock Exchange (under CSS.UN) and are eligible for
registered retirement savings plans (RRSP's), registered retirement income
funds (RRIF's) and deferred profit sharing plans (DPSP's). The Fund has also
resumed the distribution reinvestment plan (DRIP) which allows unitholders to
receive distributions in the form of additional units in lieu of cash and
enables participants to purchase additional units directly from the Fund.
For further information:
For further information: Stan Dunford, Chairman and Chief Executive
Officer, or Greg Rumble, President and Chief Operating Officer, Phone: (519)
421-4600, E-mail: email@example.com, Web site: www.contrans.ca