Tfi International Inc.TSX: TFII

TransForce Inc. Announces the Departure of James L. Welch as President & CEO of Dynamex

· Issued by Tfi International Inc.

Jul. 20, 2011 (Canada NewsWire Group) --

MONTREAL, July 20, 2011 /CNW Telbec/ - TransForce Inc. (TSX: TFI), a North American leader in the transportation and logistics industry today announced the departure of Mr. James L. Welch as President and Chief Executive Officer of Dynamex Inc., effective July 22, 2011 to pursue a new venture. "James was instrumental in building Dynamex into a highly respected brand in the North American package and courier industry.  We wish him good luck in his new career," stated Alain Bédard, Chairman, President and CEO.

ABOUT TRANSFORCE
TransForce Inc. is a North American leader in the transportation and logistics industry. Operating across Canada and the United States, 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 reportable segments:

  • Package and Courier; 
  • Less-Than-Truckload; 
  • Truckload, which includes specialized truckload and dedicated services;
  • Specialized Services, which includes waste management, energy sector services, 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.

Investors:       Media:
Alain Bédard
Chairman, President and CEO
TransForce Inc.
(514) 331-4200
abedard@transforcecompany.com
Rick Leckner
MaisonBrison Communications
(514) 731-0000
rickl@maisonbrison.com

Company analysis