TransForce Announces New Position of Vice-President, Mergers & Acquisition

MONTREAL, QUEBEC--(Marketwired - June 13, 2016) - TransForce Inc. (TSX:TFI)(OTCQX:TFIFF), a North American leader in the transportation and logistics industry, today announced the appointment of David Saperstein as Vice-President, Mergers & Acquisitions of the Company, effective June 28, 2016. Mr. Saperstein will be located in the United States and will report to Greg Rumble, Executive Vice-President and Chief Financial Officer of TransForce.

David Saperstein brings over fifteen years of experience in the global mergers and acquisitions sector. He has spent the past six years at BG Strategic Advisors, a Florida-based advisory firm focused on the logistics and supply chain industry, most recently as Managing Director. He had previously worked at Goldman Sachs in London, UK and at Deloitte in Paris, France where he advised on a range of capital market transactions for multinational companies.

Mr. Saperstein received a Masters in Business Administration from The Wharton School of the University of Pennsylvania and a Bachelor of Arts degree from Stanford University.

"The appointment of David Saperstein will allow TransForce to provide a continuous focus on M&A and to continue its successful strategy of growing through selective acquisitions. He brings specific expertise in this domain and we look forward to benefiting from David's acumen, as we aim to further enhance shareholder value," commented Alain Bédard, Chairman, President and Chief Executive Officer of TransForce.

ABOUT TRANSFORCE

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 financial and operational resources to build their businesses and increase their efficiency. TransForce companies service the following segments:

• Package and Courier;
• Less-Than-Truckload;
• Truckload;
• Logistics.

TransForce Inc. is publicly traded on the Toronto Stock Exchange (TSX:TFI) and the OTCQX marketplace in the U.S. (OTCQX:TFIFF).