Business
Emanuele (Lino) Saputo Joins TransForce Income Fund Board of Trustees
MONTREAL, Feb. 28 /CNW Telbec/ - TransForce Income Fund (TSX: TIF.UN), the leader in the Canadian...
About this update from Tfi International Inc.
[{"type":"text","content":"\n\n\n\nMONTREAL, Feb. 28 /CNW Telbec/ - TransForce Income Fund (TSX: TIF.UN),\nthe leader in the Canadian transportation and logistics industry, today\nannounced that Emanuele (Lino) Saputo has been named to the Fund's Board of\nTrustees, effective February 27, 2008.\n\n\nMr. Saputo is the founder and the chairman of the board of Saputo Inc.,\nthe largest dairy processor in Canada. He was a significant investor in\nTransForce's predecessor company in its earliest days and has contributed to\nthe growth of the Fund. Directly and indirectly, he remains a major investor.\n\n\n"We are honoured to welcome Mr. Saputo to the TransForce Board of\nTrustees. His experience in building companies will help him make a valuable\ncontribution to the Board and to the unitholders of the Fund," said Alain\nBedard, Chairman, President and CEO of TransForce.\n\n\nProfile\n\n\nTransForce Income Fund (www.transforce.ca) is the leader in Canada's\ntransportation and logistics industry. Headquartered in Montreal, Quebec, the\nFund's objective is to create value for unitholders through managing and\ninvesting in a growing network of independent operating subsidiaries.\nTransForce provides a comprehensive and unique combination of capabilities,\nresources and geographical coverage in both domestic and trans-border markets.\nIts companies operate in five well-defined business segments:\n\n\n- Less Than Truckload;\n- Parcel Delivery;\n- Specialized Services, which includes its ancillary transportation\n services and fleet management & personnel services businesses;\n- Specialized Truckload; and\n- Truckload.\n\n\nTransForce's trust units (TIF.UN) are listed on the Toronto Stock\nExchange and are included in the S&P/TSX Composite Index.\n\n\nForward-Looking Statements\n\n\nExcept for historical information provided herein, this press release may\ncontain information and statements of a forward-looking nature concerning the\nfuture performance of TransForce. These statements are based on suppositions\nand uncertainties as well as on management's best possible evaluation of\nfuture events. Such factors may include, without excluding other\nconsiderations, fluctuations in quarterly results, evolution in customer\ndemand for TransForce's products and services, the impact of price pressures\nexerted by competitors, and general market trends or...