COMPETITION WATCH: Vitran expands U.S. coverage

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TORONTO & WICHITA, Kan. –Vitran Corporation Inc. has acquired Chris Truck Line (www.ctrans.com), a regional less-than-truckload (LTL) freight carrier based in Wichita, Kansas, with operations in the Midwestern and Southwestern U.S.

“Management has been actively seeking a complementary U.S. acquisition to extend Vitran’s geographical footprint outward from our stronghold in the Central States,” stated Vitran President and Chief Executive Officer Rick Gaetz.

“Chris Truck Line is an extremely good fit given its excellent financial track record, well-run organization and ideal geographic extension on the western fringe of our existing Vitran Express territory, with little overlap.

Chris Truck Line operates from 19 terminals covering 11 states, with the core segment of their business in new Vitran territory including, Colorado, Kansas, Oklahoma and Texas. As a result Vitran adds 13 new terminals in its expanded region. Chris Truck Line has 236 employees and operates 562 pieces of equipment.

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