Profile
TransForce Inc. (www.transforce.ca) is the leader in Canada’s transportation and logistics industry. Headquartered in Montreal, Quebec, TransForce creates value for shareholders through managing and investing in a growing network of wholly-owned, operating subsidiaries. TransForce provides a comprehensive and unique combination of capabilities, resources and geographical coverage in both domestic and trans-border markets.
The subsidiaries operate throughout North America, serving more than 75,000 customers across a broad range of industries.
Revenues as of December 31, 2009
The operating companies currently operate in four well-defined business segments:
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Less-Than-Truckload |
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Package and Courier |
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Specialized Services, which includes oilfield & oilsand services, waste management, logistics, fleet management & personnel services. |
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Truckload, specialized truckload and dedicated services. |
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Growth Strategy
TransForce’s growth strategy is to acquire well-managed companies that are leaders in their market and effectively oversee their performance. Acquired companies usually retain their name, distinctive culture and management and must have demonstrable value in expanding our portfolio of companies by increasing our geographic reach, by providing complementary services, or by improving market penetration.
Employees and Facilities (as of June 30, 2010)
- Approximately 13,600 employees including 1,900 owner-operators and 1,800 employees working in the Personnel Services division
- 253 terminals
History
- TransForce Inc. created in April 1999
- Converted from a corporation to an income trust in October 2002
- Returned to corporate structure in May 2008
Financial Highlights
| Years ended December 31 (in millions of dollars) |
2009 |
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2008 |
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| Revenues |
$ 1,846.5 |
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$ 2,261.9 |
| EBITDA |
226.5 |
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280.0 |
| Income |
10.9 |
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79.7 |
| Cash flow from operating activities |
$ 209.8 |
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$ 207.6 |
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| Financial ratios (in percentages) |
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| Operating ratio |
94.2% |
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92.9% |
| EBITDA/Revenues |
12.3% |
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12.4% |
| Return on equity |
10.7% |
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15.9% |
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Management
Alain Bédard, CA, CMA
Chairman of the Board, President and Chief Executive Officer
Exchange
TransForce shares (TFI) are listed on the Toronto Stock Exchange and are included in the S&P/TSX Composite Index.
Head Office Address
TransForce Inc.
8585 Trans-Canada Highway
Suite 300
Saint-Laurent, Quebec
H4S 1Z6
Telephone: 514.331.4000
Fax: 514.337.4200
Media Contact
John Lute
Lute & Company
416.929.5883
Download TransForce Media Fact Sheet |
