Business
TransForce income fund declares cash distribution
TransForce income fund declares cash distribution.
About this update from Tfi International Inc.
[{"type":"text","content":"\n\n\n\nMONTREAL, Sept. 17 /CNW Telbec/ - TransForce Income Fund (TSX: TIF.UN), a\nleader in the Canadian transportation and logistics industry, declared today\nits monthly distribution in the amount of $0.1325 per trust unit (and its\neconomic equivalent paid as a dividend to the tracking shareholders). The\ndistribution will be paid on October 15, 2007 to trust unitholders or tracking\nshareholders of record at the close of business on September 28, 2007.\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 four well-defined business segments:\n\n\n- Less Than Truckload and 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 economic changes. As a\nresult, readers are advised that actual results may differ from expected\nresults.\n\n\n%SEDAR: 00018303EF\n\n\n","length":2186,"tagName":"div"}]