MONTREAL, Sept. 12, 2013 /CNW Telbec/ - TransForce Inc. (TSX: TFI) (OTCQX: TFIFF), a North American leader in the transportation and logistics industry, announces that its common shares began trading today in the United States on OTCQX International Premier, a segment of the OTCQX marketplace, under the symbol "TFIFF." Operated by OTC Markets Group Inc. (OTCQX: OTCM), OTCQX International Premier is reserved for world-leading non-U.S. companies that are listed on a qualified international exchange, undergo management reviews and provide their home country disclosure to U.S. investors.
"OTCQX International Premier provides TransForce the opportunity to create a better informed and more efficient marketplace for U.S.-based investors. Joining OTCQX will complement our presence on the Toronto Stock Exchange, while facilitating and enhancing global trading in TransForce common shares," said Alain Bédard, Chairman, President and Chief Executive Officer of TransForce.
Cowen and Company, LLC will serve as TransForce's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements. Investors can find current financial disclosures and Real-Time Level 2 quotes for TransForce on www.otcmarkets.com.
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;
- Truckload, which includes specialized truckload and dedicated services;
- Specialized Services, which includes services to the energy sector, waste management, logistics and ancillary transportation services.
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.
For further information:
Chairman, President and CEO