MONTREAL, May 12 /CNW Telbec/ - TransForce Income Fund (TSX: TIF.UN), a leader in the Canadian transportation and logistics industry, invites unitholders, the media and analysts to its annual and special meeting of unitholders, to be held today at 3:00 p.m. at the Sheraton Laval Hotel, 2440 Autoroute des Laurentides, Laval, Quebec.
At the meeting, unitholders will consider a special resolution which will have the effect of converting TransForce Income Fund into TransForce Inc., a growth-oriented, dividend-paying corporation.
Profile
TransForce Income Fund (www.transforce.ca) is the leader in Canada's transportation and logistics industry. Headquartered in Montreal, Quebec, the Fund's objective is to create value for unitholders through managing and investing in a growing network of wholly-owned, independent operating subsidiaries. TransForce provides a comprehensive and unique combination of capabilities, resources and geographical coverage in both domestic and trans-border markets. Its companies currently operate in five well-defined business segments:
- Less Than Truckload; - Package and Courier; - Specialized Services, which includes its ancillary transportation services such as logistics, warehousing & dedicated services, fleet management & personnel services; oilfield & oilsand services, and; waste management; - Specialized Truckload; and - Truckload.
TransForce's trust units (TIF.UN) are listed on the Toronto Stock Exchange and are included in the S&P/TSX Composite Index.
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.
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