MONTREAL, QUEBEC–(Marketwired – Sept. 15, 2016) – The Board of Directors of TransForce Inc. (TSX:TFI) (OTCQX:TFIFF), a North American leader in the transportation and logistics industry, declared a quarterly dividend of $0.17 per outstanding common share of its capital payable on October 17, 2016 to shareholders of record at the close of business on September 30, 2016.
This dividend will be designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
ABOUT TRANSFORCE
TransForce Inc. is a North American leader in the transportation and logistics industry, operating across Canada and the United States through its subsidiaries. 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 financial and operational resources to build their businesses and increase their efficiency. TransForce companies service the following segments:
- Package and Courier;
- Less-Than-Truckload;
- Truckload;
- Logistics.
TransForce Inc. is publicly traded on the Toronto Stock Exchange (TSX:TFI) and the OTCQX marketplace in the U.S. (OTCQX:TFIFF).
Chairman, President and CEO
TransForce Inc.
(647) 729-4079
abedard@transforcecompany.com
Media: Rick Leckner
MaisonBrison Communications
(514) 731-0000
rickl@maisonbrison.com