MONTREAL, Sept. 12, 2013 /CNW Telbec/ - TransForce Inc. (TSX: TFI)
(OTCQX: TFIFF), a North American leader in the transportation and
logistics industry, announces that its common shares began trading
today in the United States on OTCQX International Premier, a segment of
the OTCQX marketplace, under the symbol "TFIFF." Operated by OTC
Markets Group Inc. (OTCQX: OTCM), OTCQX International Premier is
reserved for world-leading non-U.S. companies that are listed on a
qualified international exchange, undergo management reviews and
provide their home country disclosure to U.S. investors.
"OTCQX International Premier provides TransForce the opportunity to
create a better informed and more efficient marketplace for U.S.-based
investors. Joining OTCQX will complement our presence on the Toronto
Stock Exchange, while facilitating and enhancing global trading in
TransForce common shares," said Alain Bédard, Chairman, President and
Chief Executive Officer of TransForce.
Cowen and Company, LLC will serve as TransForce's Principal American
Liaison ("PAL") on OTCQX, responsible for providing professional
guidance on OTCQX requirements. Investors can find current financial
disclosures and Real-Time Level 2 quotes for TransForce on www.otcmarkets.com.
TransForce Inc. is a North American leader in the transportation and
logistics industry operating across Canada and the United States
through its subsidiaries. TransForce creates value for shareholders by
identifying strategic acquisitions and managing a growing network of
wholly-owned, operating subsidiaries. Under the TransForce umbrella,
companies benefit from corporate financial and operational resources to
build their businesses and increase their efficiency. TransForce
companies service the following segments:
Package and Courier;
Truckload, which includes specialized truckload and dedicated services;
Specialized Services, which includes services to the energy sector,
waste management, logistics and ancillary transportation services.
TransForce Inc. is publicly traded on the Toronto Stock Exchange (TSX:
TFI) and the OTCQX marketplace in the U.S. (OTCQX: TFIFF). For more
information, visit http://www.transforcecompany.com.
Except for historical information provided herein, this press release
may contain information and statements of a forward-looking nature
concerning the future performance of TransForce. These statements are
based on suppositions and uncertainties as well as on management's best
possible evaluation of future events. Such factors may include, without
excluding other considerations, fluctuations in quarterly results,
evolution in customer demand for TransForce's products and services,
the impact of price pressures exerted by competitors, and general
market trends or economic changes. As a result, readers are advised
that actual results may differ from expected results.
SOURCE: TRANSFORCE INC.