MONTREAL, June 17, 2013 /CNW Telbec/ - The Board of Directors of TransForce Inc. (TSX: TFI), a North American leader in the transportation and logistics industry, declared a quarterly dividend of $0.13 per outstanding common share of its capital payable on July 15, 2013 to shareholders of record at the close of business on June 28, 2013. This dividend is designated to be an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
ABOUT TRANSFORCE
TransForce Inc. is a North American leader in the transportation and
logistics industry operating across Canada and the United States
through its subsidiaries. TransForce creates value for shareholders by
identifying strategic acquisitions and managing a growing network of
wholly-owned, operating subsidiaries. Under the TransForce umbrella,
companies benefit from corporate financial and operational resources to
build their businesses and increase their efficiency. TransForce
companies service the following segments:
- Package and Courier;
- Less-Than-Truckload;
- Truckload, which includes specialized truckload and dedicated services;
- Specialized Services, which includes services to the energy sector, waste management, logistics and ancillary transportation services.
TransForce Inc. (TFI) is publicly traded on the Toronto Stock Exchange (TSX). For more information, visit http://www.transforcecompany.com.
FORWARD-LOOKING STATEMENTS
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 results.
SOURCE: TRANSFORCE INC.
Investors:
Alain Bédard
Chairman, President and CEO
TransForce Inc.
(514) 331-4200
[email protected]
Media:
Rick Leckner
MaisonBrison Communications
(514) 731-0000
[email protected]
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