Vitran Distribution System

Vitran Corporation is a North American provider of freight services and distribution solutions o a wide variety of companies and Industries. Vitran offers less-than-truckload (LTL) service throughout Canada and the United States utilizing its own infrastructure and exclusive partners. Vitran Logistics provides special distribution solutions that range from inventory consolidation to responsibility for the complete distribution function as well as highway and rail brokerage. Vitran also provides premium same-day and next-day Truckload (TL) services in the U.S. Midwest.

These services are provided by 3,000 employees and associates located at more than 100 facilities and offices in the United States and Canada. Vitran uses 5,700 pieces of equipment, including tractors, trailers, and containers, operated by 1,500 drivers and independent contractors.

Vitran is sharpening the focus of every aspect of its business to be the best-in-class provider, to drive value with every customer transaction and to add value for its shareholders.

HIGHLIGHTS 2000

• Increased the productivity of the U.S. LTL fleet with the acquisition of 1,000 new pup trailers
• Acquired the remaining 18% of publicly traded The Freight Connection (TFC) and privatized it
• Sold the environmental business to focus solely on transportation
• Improved cash position and strengthened the balance sheet
• Eliminated the dividend in support of capital expenditures