Vitran Corp. said shareholders on March 5 approved the sale of the less-than-truckload service to TransForce Inc.
March 6, 2014Business
TransForce to Buy Vitran’s Canadian Assets
Less-than-truckload carrier Vitran Corp. said it has agreed to be acquired by TransForce Inc., which outbid Manitoulin Transport Inc. for Vitran’s Canadian assets.
December 30, 2013Business
Manitoulin Transport to Buy Canadian Assets of Vitran
Ontario-based Manitoulin Transport Inc. has agreed to buy the Canadian assets of Vitran Corp. in a transaction valued at $128 million, the companies announced Dec. 9.
December 10, 2013Business
Vitran’s Fiscal Loss Grows in 3Q
Canadian less-than-truckload carrier Vitran Corp. said it lost more money in the third quarter than the same period last year, but earned a profit if its divested United States operations are excluded.
November 1, 2013Business
TransForce Bids for Vitran’s Canadian Operations
Canadian transportation firm TransForce Inc. said it has offered to buy the Canadian operations of Vitran Corp., which is planning to sell its United States business to company owned by trucking magnate Matthew Moroun.
September 26, 2013Business
Vitran to Sell U.S. LTL Operations
Vitran Corp. said it has agreed to sell its money-losing U.S. less-than-truckload operations for $2 million to industry figure Matthew Moroun, owner of less-than-truckload carrier Central Transport.
September 23, 2013Business
Vitran’s 2Q Loss Widens
Vitran Corp. said Wednesday its second-quarter loss widened from a year ago, on sluggish performance in its U.S. less-than-truckload operations.
July 31, 2013Business
Vitran Enters West Coast Interline Agreement, Closes Seven Terminals
Vitran Corp. said it will no longer serve the West Coast directly and has entered into an interline agreement to serve the region, and will close seven terminals.
June 10, 2013Business
Vitran’s Operating Loss Widens
Vitran Corp. Thursday reported a first-quarter operating loss but posted a profit from gains from the sale of its supply chain business.
April 25, 2013Business
Vitran Names Deluce Interim CEO as Gaetz Departs
Vitran Corp. said Thursday that Rick Gaetz has resigned as the company’s president and CEO, effective immediately, and that its board has appointed Bill Deluce interim president and CEO.
April 4, 2013