Vitran reported profit in the first quarter of 2013 of $67.7 million, compared with a net loss of $5.8 million in the first quarter of 2012.
05 Apr 2013
Vitran’s board of directors has appointed Bill Deluce, current board member, as interim president and CEO, effective immediately.
13 Mar 2013
TransForce has indirectly disposed of 500,000 common shares of Vitran Corporation, representing 3.05 percent of the issued and outstanding common shares of Vitran.
14 Feb 2013
Vitran Corporation has reached an agreement to divest its supply chain operation division to Legacy Supply Chain for $97 million, subject to certain working capital adjustments.
25 Jan 2013
North American trucking company TransForce has acquired about 1.8 million common shares of less-than-truckload operator Vitran Corp., representing 10.75 percent of the issued and outstanding common shares of Vitran.
31 Dec 2012
25 Oct 2012
Transportation and supply chain firm Vitran today reported a net loss of $10.10 million in the third quarter.
11 Oct 2012
A battle is brewing over the future of Vitran as a minority shareholder seeks to unseat the current board of the struggling less-than-truckload operator. Halifax, Nova Scotia-based investor George Armoyan, whose investment firm Clarke owns 6.2 percent of Vitran, wants the company to sell part of its operations.
20 Jul 2012
Canadian and U.S. trucking operator Vitran Express drove deeper into losses in the second quarter as it struggled to rebuild its U.S. less-than-truckload business.