Montreal, November 26, 2007 — TransForce Income Fund (TSX: TIF.UN), the leader in the
Canadian transportation and logistics industry, today announced it has signed an agreement to
acquire the shares of privately held Thibodeau Group of Companies.
Headquartered in Portneuf, Quebec, Thibodeau is a less-than-truckload and truckload carrier,
operating primarily in Quebec, Ontario and the United States. Closing of the acquisition is subject to
Founded in 1945, the business is led by its President, Pierre Thibodeau, son of the company
founder. Thibodeau has a workforce of 815 employees and has 1,530 tractors and trailers operating
out of 14 terminals. In 2006, the group generated revenues of more than $80 million.
“Thibodeau is a well-established and successful business with an exceptional track record. It will
further strengthen our less-than-truckload and truckload operations in Eastern Canada,” said Alain
Bédard, Chairman, President and CEO of TransForce. “The Thibodeau name is well known and
synonymous with the very best in our industry. We are delighted to have this trucking icon as a