WOODSTOCK, ON, March 15 /CNW/ - Contrans Income Fund (TSX. Symbol CSS.UN)
today declared a cash distribution of CDN $0.1042 per unit, for the month of
March 2007, to unitholders of record at the close of business on March 31,
2007. The distribution payment will be made on April 13, 2007.
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 1,600 power units and 2,400 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
implemented a distribution reinvestment plan (DRIP) which will allow
unitholders to receive distributions in the form of additional units in lieu
of cash and will also enable participants to purchase additional units
directly from the Fund.
For further information:
For further information: please contact: 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