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				TransForce still looking to make fleet pickups in US
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					Posted: 
					
						May 18, 2011 12:06 PM
					
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					Last Updated: Mar 27, 2012 08:32 AM
				
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				<p>MONTREAL &ndash; <a href="http://www.transforce.ca "><span style="color: rgb(51, 51, 153); ">TransForce</span></a> will continue &nbsp;barreling southbound on the acquisition trail says its president and CEO now that it has a major foothold in the North American courier, same-day sector.</p>
<p>At TransForce's annual shareholders' meeting in Toronto, Alain B&eacute;dard said its recent acquisitions of<a target="_blank" href="http://www.todaystrucking.com/news.cfm?intDocID=26230"><span style="color: rgb(51, 51, 153); "> DHL Express' </span></a>courier business and Dallas-based package deliverer, <a target="_blank" href="http://www.todaystrucking.com/news.cfm?intDocID=25304"><span style="color: rgb(51, 51, 153); ">Dynamex</span></a>, are two of its most important deals to date.</p>
<p>The latter, especially, gives the company a &quot;key U.S. growth platform and a bigger presence in Canada,&quot; the Montreal Gazette quoted him as saying.</p>
<p>He added the company is busy &quot;digesting&quot; the two acquisitions, &quot;integrating them with our own networks and paying down debt.&quot;<br />
Bedard said the U.S. market will continue to be the main focus while truckload and LTL operations at home in Quebec &quot;need work.&quot;</p>
<p>TransForce's results for the first quarter ending March 31 showed revenue (including fuel surcharges) was $561 million, up from $466 million a year earlier, despite a slow economy.&nbsp;</p>
			
				
				
			
				
				
			
			
			
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