MONTREAL, Nov. 15 /CNW Telbec/ - TransForce Income Fund (TSX: TIF.UN), a
leader in the Canadian transportation and logistics industry, declared today
its monthly distribution in the amount of $0.1325 per trust unit (and its
economic equivalent paid as a dividend to the tracking shareholders). The
distribution will be paid on December 14, 2007 to trust unitholders or
tracking shareholders of record at the close of business on November 30, 2007.
TransForce Income Fund (www.transforce.ca) is the leader in Canada's
transportation and logistics industry. Headquartered in Montreal, Quebec, the
Fund's objective is to create value for unitholders through managing and
investing in a growing network of independent operating subsidiaries.
TransForce provides a comprehensive and unique combination of capabilities,
resources and geographical coverage in both domestic and trans-border markets.
Its companies operate in four well-defined business segments:
- Less Than Truckload and Parcel Delivery;
- Specialized Services, which includes its ancillary transportation
services and fleet management & personnel services businesses;
- Specialized Truckload; and
TransForce's trust units (TIF.UN) are listed on the Toronto Stock
Exchange and are included in the S&P/TSX Composite Index.
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
For further information:
For further information: Investors: Alain Bédard, Chairman of the Board,
President and CEO, TransForce Income Fund, (514) 331-4200,
firstname.lastname@example.org; Media: John Lute, Lute & Company, (416) 929-5883,