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Vitran Closes $132 Million Pjax Acquizition, Adding Key East Coast Coverage to Growing U.S. Frieght Network
TORONTO, ONTARIO AND PITTSBURGH, PENNSYLVANIA, Oct 02, 2006 (MARKET WIRE via COMTEX News Network) --
Vitran Corporation Inc. (NASDAQ: VTNC)(TSX: VTN), a North American transportation and logistics firm,
today announced the purchase of PJAX Freight System (www.pjax.com), a regional LTL (less-than-truckload)
freight carrier headquartered in Pittsburgh, PA. The purchase price consideration of approximately $132 million
for PJAX consisted of $80.3 million in cash, $26.5 million of assumed debt, $13.2 million in Vitran stock and
holdbacks totaling $12 million payable over the next 365 days.
Click here to view the entire press release
Vitran Expands U.S. Coverage with Aquisition of Nevada-Based Sierra West Express
TORONTO & SPARKS, Nev.--(BUSINESS WIRE)--Jan. 3, 2006--Vitran Corporation Inc. (NASDAQ:VTNC)(TSX:VTN),
a North American transportation and logistics firm, today announced that it has closed its purchase of the
assets of Sierra West Express, Inc., a regional less-than-truckload (LTL) freight carrier with operations in
the Western U.S. The transaction was previously disclosed via a December 19, 2005 news announcement, and adds
eight new terminals - in California, Nevada and Arizona - to Vitran's growing North American LTL freight network.
Click here to view the entire press release
Vitran Expands U.S. Coverage with Aquisition of Kansas-Based Chris Truck Line
TORONTO & WICHITA, Kan.--(BUSINESS WIRE)--May 31, 2005--Vitran Corporation Inc. (NASDAQ:VTNC)(TSX:VTN) -
- Raises FY 2005 Earnings Guidance Range to $1.35 to $1.47, from $1.23 to $1.35
- Management to Host Live Conference Call and Webcast to Discuss Acquisition
Vitran Corporation Inc. (NASDAQ:VTNC)(TSX:VTN), a North American transportation and logistics firm, today
announced that it has acquired Chris Truck Line (www.ctrans.com), a regional less-than-truckload (LTL)
freight carrier based in Wichita, Kansas, with operations in the Midwestern and Southwestern U.S.
Click here to view the entire press release
Effective Monday, April 2nd, Vitran Express will implement a 5.9% rate increase on both LTL and minimum charges for customers who utilize the VITR500 base of rates.
Rates for Canada will also be increased accordingly.
Each year Vitran strives to contain costs and improve service for customers. Vitran has expanded service offerings through strategic acquisitions and expansion.
We now offer our customers service to 32 states in the continental US as well as 100% coverage of Canada.
Equipment, insurance, fuel, and healthcare continue to drive up our costs and we are passing on only a portion of these increases due to our success in containing costs.
Vitran has also harmonized the current Vitran and Pjax tariffs to mirror each other for customers ease and convenience.
A copy of both our US and Canadian rates can be downloaded of this internet site.
Vitran will continue to enhance our service offerings in our ongoing effort to become the best transportation carrier available to our customers.
Thank you for your continued support.
Vitran Express Announces Service Center Opening in Detroit, MI (July 5, 2005)
Vitran Express, a fully-owned and operated subsidiary of Vitran Corporation Inc., Toronto, Canada, announced today
that they will be opening a new facility in the Detroit, Michigan market.
Tom Nagel, VP Sales & Marketing stated, "Due to our rapid and continued growth in the Michigan market,
we are adding this new service center so we can continue to provide the consistent and dependable service
our customers have come to expect from Vitran. This new 28-door service center located at 28800 Highland Road,
Romulus, Michigan, will service the greater Detroit metro area. Customers will be able to take advantage of
next day service to/from cities such as Toronto, Nashville, and St. Louis."
"We are very excited about what this means for our customers," said Vitran Express President, Dave Kimack.
"This addition exemplifies Vitran's relentless pursuit of 100% Customer Satisfaction," Kimack added.
Vitran Corporation, Inc. is a North American group of transportation companies offering less-than-truckload,
truckload, intermodal marketing, truck brokerage and logistics services. To find out more about Vitran Corporation Inc.
(NASDAQ: VTNC, TSX: VTN), visit the website at www.vitran.com.
Border
Pass BOL Now Available On-line (September 9, 2004)
The Border Pass BOL
is now available on-line as a downloadable PDF form. Customers using Adobe
Acrobat Standard or Adobe
Acrobat Professional will be able to fill in the form and save the
information as a reusable template for future use. Customers using Adobe
Acrobat Reader will be able to fill in the form and print it, but not save
the information.
You can get the Border Pass BOL in our Library.
Vitran
Express Announces New Partnerships (July 2, 2004)
Vitran Express has formed a service alliance with
Saia Incorporated, Southwestern Motor Transport, and New England Motor Freight
to bring single PRO shipping to major markets in North America. Whether you’re
shipping from Texas to Indiana, or Ontario to Monterrey, Vitran has you covered
with fully integrated LTL services.
* Single Pro Tracking in the U.S. and
Canada.
* Proof of Delivery documents and Bills of Lading, which are
available on all carrier’s web sites.
* Transit time info and “real time”
updated shipment status on all carrier’s web sites.
* Rate quotes through The
Web or customer service.
* Real time service reports that reflect delivery to
the end customer.
This partnership pulls together four of the
most experienced and professional carriers in the industry. Vitran Express has
served the Canadian and U.S. markets direct for over 10 years. SMT has served
the Southwest for over 70 years. Saia has been moving U.S. freight for 80 years.
NEMF for over 25 years. Call, or click, today for an immediate rate
quote!
You can get a PDF copy of the brochure in our Library.
Canadian
Customs Invoice Now Available On-line (June 30, 2004)
The Canadian
Customs Invoice is now available on-line as a downloadable PDF form. Customers
using Adobe Acrobat Standard or Adobe
Acrobat Professional will be able to fill in the form and save the
information as a reusable template for future use. Customers using Adobe
Acrobat Reader will be able to fill in the form and print it, but not save
the information.
You can get the Canadian Customs Invoice in our Library.
Bill
of Lading Now Available On-line (June 11, 2004)
The Vitran Express
Straight Bill of Lading is now available on-line as a downloadable PDF form.
Customers using Adobe Acrobat Standard or Adobe
Acrobat Professional will be able to fill in the form and save the
information as a reusable template for future use. Customers using Adobe
Acrobat Reader will be able to fill in the form and print it, but not save
the information.
You can get our Bill of Lading in our Library.
Vitran
Express Did it First
| The recent article, "Promises, Promises"
published September 15th, 03 in Traffic World magazine stands to show how
Vitran Express sets the benchmark in customer service.
Read Vitran Express' response to the
article, "Promises, Promises".
Read the
"Promises, Promises" article.
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Vitran
Expands Partnership on Coverage to Pennsylvania
Vitran Express is now offering customers an added benefit by allowing their
regular direct pricing to apply to all points in Pennsylvania. For some time now
Vitran has partnered with NEMF to provide complete coverage of the northeast
along with web tracing. Now your options for Pennsylvania just got better!
For more details on how your direct coverage pricing applies,
please contact your Account Manager or check the Locations Map for a Customer Service center near you.
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