CALGARY, Jan. 11, 2013 /CNW/ - Trimac Transportation Ltd. ("Trimac") (TSX: TMA), Canada's premier provider of bulk trucking, logistics, tank
repair and cleaning services, announced today that it has been awarded
a new contract to haul a significant volume of product for Holcim
(Canada) Inc. The award includes Holcim's current Atlantic Canada
business covering Nova Scotia, New Brunswick, Prince Edward Island, and
Newfoundland. The contract is expected to generate in excess of $15
million in revenue over the initial 3 year term of the contract.
Ed Malysa, Trimac's President and COO, said "the addition of this
business further solidifies our relationship with Holcim Canada and
enhances Trimac's market share of the bulk trucking sector in Atlantic
Canada. This opportunity will strengthen our capabilities to service
all our customers across Eastern Canada."
Holcim (Canada) Inc. is one of the country's largest vertically
integrated building materials and construction companies. Holcim
manufactures cement, aggregates and ready-mix concrete and provides
construction services to many of Canada's largest infrastructure
projects. Holcim Canada is a member of Holcim Group, a Swiss-based
multinational with operations in more than 70 countries worldwide.
About Trimac: Trimac is Canada's largest provider of bulk trucking
services with operations from coast to coast. In addition, through its
National Tank Services division, Trimac performs repairs, maintenance
and tank-trailer cleaning services for both the Trimac fleet and for
third party commercial customers. Trimac also provides third party
transportation logistics services in Canada and the United States
through its wholly owned subsidiary Bulk Plus Logistics.
This press release contains information and statements of a
forward-looking nature concerning the value of the Holcim contract to
Trimac. These statements are based on suppositions and uncertainties as
well as on management's best possible evaluation of future events. In
making such statements, Trimac has assumed that the Canadian economy
will continue to strengthen and that the volume of products hauled and
miles driven by Trimac for Holcim will be consistent with current
estimates. Certain factors may cause actual results to differ from such
statements including, without limitation, general market trends and
conditions, increased competition and pricing pressures in the building
products industry and the trucking industry, an increase or decrease in
Holcim's business volumes and an increase or decrease in the product
volumes hauled or miles driven by Trimac for Holcim. As a result,
readers are advised that actual results may differ from expected
SOURCE: Trimac Transportation Ltd.
For further information:
Edward V. Malysa
President and Chief Operating Officer
Trimac Transportation Ltd.
Scott D. Calver
Vice President and Chief Financial Officer
Trimac Transportation Ltd.