MONTREAL, (Jan. 4, 2005) — Canada’s largest trucking company has announced a series of personnel moves and management appointments throughout some of its subsidiaries.

TransForce Income Fund said the executive shakeup will strengthen the leadership of the Fund’s operating subsidiaries and its ability to continue to create unitholder value.

Gary King, formerly president of TST Overland Express, has been appointed president of TransForce subsidiary TST Solutions L.P. In this new position, King will have direct responsibility for a group of TransForce divisions comprising Kingsway, Select, Daily, TST Expedited Services, TST Air, TST Automotive Services, TST Truckload Express, TST Load Brokerage Services, and TST Overland Express.

The other appointments include:

Barry Bruneau has been appointed president of TST Automotive Services and senior vice-president of TST Solutions L.P; Brian Kohut has been promoted to president of Kingsway where he most recently was executive VP; and Rob O’Reilly has been promoted to president of TST Overland Express. O’Reilly joined TST Overland Express in 1995 as vice-president of operations.

“We believe the pace of growth in 2004 means TransForce will have significantly increased its revenues and more than doubled its net income on an annualized basis since 2002, when it became an income trust. Our management team must evolve with that growth,” said Alain Bédard, TransForce president and CEO, in a press release, “The acquisitions we have made have brought us outstanding people as well as successful operations. I am pleased to be able to draw on our own experienced and talented people to help manage the next phase of growth at TransForce.”

TransForce — which ranks number one in Today’s Trucking’s annual Top 100 For-Hire Carrier survey — has been the fastest growing trucking company in Canada overt he last few years.

It has acquired over a dozen carriers during that time — both large and small, as well as regional and national. Some of TransForce’s more notable buys recently Tri-Line Expressways and parcel delivery company Canpar in 2002; Calgary-based Canadian Freightways in August 2003; and most recently, truckload and container specialist Highland Transport from Calgary’s TriWest Capital Partners in October 2004.