TransForce Inc

Type: Company
Name: TransForce Inc
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Sell Oil Stocks; Buy WestJet Airlines Ltd. and TransForce Inc Instead

Oil prices have recently been weak, prompting Warren Buffett to sell a large portion of his oil positions in the second quarter.The decline in oil is an obvious negative for oil producers, but a positive for the economy as a whole. When oil prices drop, ... [Published Motley Fool - Aug 20 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Deal snapshot: CANADA'S TRANSFORCE TO BUY TRANSPORT AMERICA

(M&A Navigator via COMTEX News Network) -- Canadian transportation and logistics company TransForce Inc (TSE:TFI) said it would buy US truckload (TL) carriage and logistics services provider Transport America Inc, a portfolio company of private equity ... [Published PredictWallStreet - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

TRUCKING INDUSTRY NEWS * USA: Truckers' payment

* Minnesota - TransForce owned carrier raises driver pay  (Photo: TransForce company, a Canadian leader in the trucking and logistics industry) Eagan,MN,USA - Today´s Trucking -Aug 15, 2014: -- One of the U.S. branches of Canadian trucking giant ... [Published Trucks World News - Aug 18 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

TransForce Owned Carrier Raises Driver Pay

EAGAN, MN — One of the U.S. branches of Canadian trucking giant TransForce, Transport America, has increased driver pay for all current and potential drivers.Owner-operators will receive a two-cents per mile increase in pay, team drivers will receive ... [Published Todays Trucking - Aug 15 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

TransForce Given Consensus Rating of “Buy” by Brokerages (TSE:TFI)

Shares of TransForce (TSE:TFI) have received an average rating of "Buy" from the fourteen ratings firms that are presently covering the company, ARN reports. Four analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation ... [Published American Banking News - Aug 15 2014]
First reported Aug 12 2014 - Updated Aug 12 2014 - 2 reports

TransForce commences friendly, Board-approved take-over bid to acquire Contrans Group Inc.

All amounts expressed in CAD$TransForce Inc. (TSX: TFI) (OTCQX: TFIFF), a North American leader in the transportation and logistics industry, and Contrans Group Inc. (TSX: CSS), a diverse provider of specialized transportation services, today announced ... [Published Individual.com - Aug 12 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 4 reports

Contrans Second-Quarter Profit Rises on Sales of Waste-Collection Business

Ourbis Communications Inc.Canadian carrier Contrans Group’s second-quarter profit rose, in part on the sale of its waste-collection segment, the company said.Net income rose to C$10 million, or 29 cents a share, from C$7.4 million, or 22 cents, a year ... [Published Transport Topics - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 2 reports

TransForce Price Target Increased to C$34.00 by Analysts at Cowen and Company (TFI)

Cowen and Company upped their target price on shares of TransForce (TSE:TFI) TransForce (TSE:TFI) traded up 1.77% on Tuesday, hitting $27.67. The stock had a trading volume of 108,814 shares. TransForce has a 52-week low of $20.60 and a 52-week high of ... [Published American Banking News - Stock Ratings - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 8 reports

Globe says TransForce maintained at "outperform"

The Globe and Mail reports in its Tuesday, July 29, edition that coming off a big recent acquisition, TransForce ($27.19) could follow it up with a spin off or sale of one of its trucking divisions, as deal activity heats up in the transportation space, ... [Published Stockwatch - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 3 reports

TransForce's (TFIFF) CEO Alain Bédard on Q2 2014 Results - Earnings Call Transcript

TransForce Inc. ( OTCQX:TFIFF ) Q2 2014 Earnings Conference Call July 25, 2014 9:00 AM ETOperatorGood morning ladies and gentlemen and thank you for standing by. Welcome to the TransForce 2014 Second Quarter Results Conference Call. At this time, all ... [Published Seeking Alpha - Jul 29 2014]
First reported Jul 25 2014 - Updated Jul 26 2014 - 11 reports

TransForce secures trucking might with Contrans takeover

CBC News Friday 25th July, 2014TransForce is buying Ontario trucking firm Contrans. (Canadian Press) Canada's largest trucking company, TransForce Inc., is set to become a national powerhouse in the specialized trucking business with a proposed friendly ... [Published Canada Standard - Jul 26 2014]
First reported Jul 24 2014 - Updated Jul 25 2014 - 8 reports

TransForce Inc signs agreement to acquire Contrans Group Inc

TransForce Inc and Contrans Group Inc:Says that they have entered into a Support Agreement for the acquisition by TransForce, for $14.60 in cash per share, of all of the issued and outstanding Class A subordinate voting shares and Class B multiple voting ... [Published Reuters - Jul 25 2014]

Quotes

Check out our special FREE report " 2 Canadian Energy Stocks on the Cusp of a Powerful Long-Term Trend " . In this report, you'll find that Canada is rich in other energy sources that are poised to take off! Click here now to get the full story!
"Free cash flow continues to benefit from the sale of excess assets and our focus on return on capital employed to generate superior returns, to the benefit of our shareholders" said Alain Bedard, Chairman, President and CEO of TransForce
...founders and management roll over their equity investment in the business, looking for additional return in a subsequent transaction," Frecon said. "Because of the attractive markets, LFE has been active selling its portfolio businesses, and we have experienced the gamut: acquisitions by strategic buyers, acquisitions by financial buyers and various forms of recapitalizations."
..."I am very pleased with Contrans' second quarter results," stated Contrans Group Inc.'s Chairman and Chief Executive Officer, Stan Dunford. "The Company recorded strong earnings, a reflection of continuing good management of our operations and improved business conditions. Contrans also sold its waste collection segment during the second quarter. This sale generated over $70 million in proceeds and contributed an after-tax gain of $26.3 million ($0.76 diluted earnings per share)."

More Content

All (88) | News (74) | Reports (0) | Blogs (11) | Audio/Video (0) | Fact Sheets (0) | Press Releases (3)
sort by: Date | Relevance
Sell Oil Stocks; Buy WestJet Airlines Ltd. and ... [Published Motley Fool - Aug 20 2014]
Deal snapshot: CANADA'S TRANSFORCE TO BUY TRANS... [Published PredictWallStreet - Aug 18 2014]
TRUCKING INDUSTRY NEWS * USA: Truckers' payment [Published Trucks World News - Aug 18 2014]
TransForce Owned Carrier Raises Driver Pay [Published Todays Trucking - Aug 15 2014]
TransForce Given Consensus Rating of “Buy” by B... [Published American Banking News - Aug 15 2014]
TransForce commences friendly, Board-approved t... [Published Individual.com - Aug 12 2014]
TransForce commences friendly, Board-approved t... [Published BusinessWeek - Aug 12 2014]
North American Logistics and Transportation Mer... [Published Logistics Insight Asia - Aug 10 2014]
TransForce Q2 net income increases [Published Individual.com - Aug 07 2014]
Globe says Anzovino believes TransForce still h... [Published Stockwatch - Aug 06 2014]
Five worthy Canadian stocks with growing dividends [Published Globe and Mail - Aug 06 2014]
North American logistics and transportation M&A... [Published Canadian Transportation Logistics - Aug 04 2014]
At long last, a seller's market in Minnesota me... [Published BusinessWeek - Aug 04 2014]
2 Under-the-Radar Stocks Offering Consistent Re... [Published Motley Fool - Jul 31 2014]
Contrans Second-Quarter Profit Rises on Sales o... [Published Transport Topics - Jul 29 2014]
Contrans Q2 profit soars to $36.8 million thank... [Published Brandon Sun - Jul 29 2014]
Contrans Announces Second Quarter Results [Published TickerTech.com - Jul 29 2014]
TransForce Price Target Increased to C$34.00 by... [Published American Banking News - Stock Ratings - Jul 29 2014]
Post says TransForce may have to raise Contrans... [Published Stockwatch - Jul 29 2014]
Globe says TransForce maintained at "outperform" [Published Stockwatch - Jul 29 2014]
TransForce's (TFIFF) CEO Alain Bédard on Q2 201... [Published Seeking Alpha - Jul 29 2014]
TransForce Price Target Increased to C$31.00 by... [Published American Banking News - Stock Ratings - Jul 28 2014]
Can TransForce Deliver Growth to Your Portfolio? [Published Motley Fool - Jul 28 2014]
7 Reasons Why Bédard Made His Biggest Deal Ever [Published Todays Trucking - Jul 28 2014]
TransForce offers C$495 million for flatbed, ta... [Published Journal of Commerce - Jul 28 2014]
Contrans : 07.28.2014 Transforce Signs Agreemen... [Published 4 Traders - Jul 28 2014]
07.28.2014 Transforce Signs Agreement to Acquir... [Published Noodls - Jul 28 2014]
Globe/CP say TransForce boss looks for 2015 rec... [Published Stockwatch - Jul 28 2014]
Globe says TransForce's Contrans buy sign of th... [Published Stockwatch - Jul 28 2014]
TransForce may need to hike offer for Contrans [Published Financial Post - Top Stories - Jul 28 2014]
1 2 3
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
TRUCKING INDUSTRY NEWS * USA: Truckers' payment [Published Trucks World News - Aug 18 2014]
* Minnesota - TransForce owned carrier raises driver pay  (Photo: TransForce company, a Canadian leader in the trucking and logistics industry) Eagan,MN,USA - Today´s Trucking -Aug 15, 2014: -- One of the U.S. branches of Canadian trucking giant ...
TransForce may need to hike offer for Contrans [Published Financial Post - Top Stories - Jul 28 2014]
Scotiabank thinks TransForce Inc. may have to raise its bid for Contrans Group Inc. The trucking companies announced a friendly transaction on Thursday that values Contrans at $15 per share. But since the premium being offered (roughly 16.7%) is rather ...
TransForce may need to hike offer for Contrans [Published Financial Post | Business » Trading Desk - Jul 28 2014]
Scotiabank thinks TransForce Inc. may have to raise its bid for Contrans Group Inc. The trucking companies announced a friendly transaction on Thursday that values Contrans at $15 per share. But since the premium being offered (roughly 16.7%) is rather ...
TransForce Inc to focus on paying down debt aft... [Published Financial Post - Top Stories - Jul 26 2014]
After an acquisition spree that has seen TransForce Inc. spend nearly $1-billion on deals since the end of last year, CEO Alain Bédard says it’s now time to focus on paying down debt. The trucking company announced late Thursday that it has signed an ...
Transforce hits record high on Contrans deal [Published Financial Post - Top Stories - Jul 25 2014]
TransForce Inc. shares hit an all-time high Friday after the trucking company announced the largest acquisition in its history with a friendly offer for specialized transportation hauler Contrans Group. Shares hit $27.25 in early trading on the Toronto ...
1 2 3

Press Releases

sort by: Date | Relevance
TransForce enters into an agreement to acquire ... [Published Financial Services - Jun 02 2014]
TransForce Receives Competition Act Approval fo... [Published GlobeNewswire: Advertising News - Mar 24 2014]
Vitran Corporation Inc. Receives Final Court Ap... [Published GlobeNewswire: Advertising News - Mar 06 2014]
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.