Further, TransForce, National Bank of Canada and Royal Bank of Canada has engaged in a commitment letter for assuring that the needed funds would be reachable for making a full payment to complete the Contrans acquisition.
Contrans hopes that the acquisition will add C$8 million in annual revenue.
Navis, a part of Cargotec Corporation, today announced CONTRANS Bonded Offdock and Depot implemented the Navis Argo terminal operation system (TOS) to manage operations for its Dry Depot sites, including management of receipt, delivery and storage of imports, exports and empty containers in the yard.
In the future, CONTRANS plans to extend its relationship with Navis by implementing other features like gate automation and Navis General Cargo.
Our goal is to work closely with Contrans to ensure full compliance with the e-manifest and pave the way for a smooth and seamless border crossing process.
Contrans has been providing freight transportation services since 1985.
The attached consolidated financial statements, which have been prepared in accordance with Canadian generally accepted accounting principles and reported in Canadian funds, detail the performance and financial position of Contrans Income Fund (the "Fund") for the quarters ended March 31, 2005 and March 31, 2004.
WOODSTOCK, ON, April 18, 2012 /PRNewswire/ - The Board of Directors of Contrans Group Inc.
With approximately 1,200 power units and 2,500 trailers under management, Contrans is one of the largest freight transportation companies in Canada.