TransForce declares quarterly dividend of US$0.10/share, payable on April 15
March 16, 2011
– The Board of Directors of TransForce Inc. (TSX: TFI), a North American leader in the transportation and logistics industry, declared a quarterly dividend of $0.10 per outstanding common share of its capital payable on April 15, 2011 to shareholders of record at the close of business on March 31, 2011. 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.
TransForce Inc. is a North American leader in the transportation and logistics industry. Operating across the United States and Canada, 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 four well-defined segments:
* Package and Courier;
* Truckload, specialized truckload and dedicated services;
* Specialized Services: waste management, energy sector services, logistics, fleet management and personnel services.
TransForce Inc. (TFI) is publicly traded on the Toronto Stock Exchange (TSX). For more information, visit http://www.transforcecompany.com.