TransForce Income Fund Completes Acquisition of Westfreight Systems and Westfreight Holdings
Montreal, January 4, 2007 — TransForce Income Fund (TSX: TIF.UN), the leader in the Canadian
transportation and logistics industry, today announced that it has completed the previously
announced acquisition of Westfreight Systems Inc. and Westfreight Holdings (U.S.A.) Inc.
Incorporated in 1989, Westfreight specializes in over-dimensional and heavy haul transportation
services as well as being a less-than-truckload and truckload van and flatbed service provider. With
a focus on serving the oil and gas industry, primary service lanes are between Alberta and the
Texas and Oklahoma regions. The company moves a variety of heavy and related oilfield equipment,
and generates annual revenues of approximately $47 million.
The acquisition of Westfreight strengthens TransForce’s existing capabilities, offered through UTL
Transportation Services, in the heavy-haul and full load segment of the energy sector and
complements the cross-border less-than-truck-load service provided to the energy sector by
Canadian Freightways. TransForce now has an even greater capability to provide service to energy
companies and, in particular, their project and facility upgrade initiatives.
Lance Griffin, President of Westfreight Systems Inc. will continue to lead the company along with
his entire team.