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Press release from CNW Group


Monday, October 18, 2010

CONTRANS ANNOUNCES DECLARATION OF DIVIDEND09:03 EDT Monday, October 18, 2010WOODSTOCK, ON, Oct. 18 /CNW/ - The Board of Directors of Contrans Group Inc. ("Contrans") (TSX Symbol CSS) announced today that it has declared a dividend of $0.08 per outstanding Class A Subordinate Voting Share and Class B Multiple Voting Share, in respect of the third quarter of 2010, payable on November 15, 2010 to shareholders of record at the close of business on October 31, 2010.For Canadian resident shareholders the dividend declared is designated as an "eligible dividend" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.Contrans has been providing freight transportation services since 1985. With approximately 1,200 power units and 2,200 trailers under management, Contrans is one of the largest freight transportation companies in Canada.For further information: Stan G. Dunford, Chairman and Chief Executive Officer, or Greg W. Rumble, President and Chief Operating Officer, Phone: 519-421-4600, E-mail:, Web site: