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Central Transport | New Boss Coming.

the new us ltl president is Chris Keylon (from Fedex 16 years experience), Mark Kosovec is being moved to what ever a advisory role position, what ever that means.
 
Vitran Appoints New U.S. LTL President
TORONTO, Jan. 10, 2012 (GLOBE NEWSWIRE) -- Vitran Corporation Inc. (Nasdaq:VTNC) (TSX:VTN), a North American LTL transportation and supply chain firm, today announced the appointment of Chris Keylon to the position of President, Vitran Express U.S. effective January 18, 2012. Mr. Keylon will be responsible for all U.S. LTL operations and report directly to Rick Gaetz, Vitran's President & Chief Executive Officer. Chris succeeds Mark Kosovec who will stay on in an advisory role.

Mr. Gaetz commented, "I am extremely pleased to have Chris join Vitran. He brings with him 16 years experience with FedEx Freight most recently as Senior Vice President of Operations. Chris' network and management experience will be an asset to Vitran as we develop and grow a successful U.S. LTL operation."

Mr. Gaetz further added, "I am appreciative and thankful of Mark Kosovec's leadership through a very intense operating and IT integration, during a difficult economic time frame and pleased that he will remain available to us in a special advisory capacity."

About Vitran Corporation Inc.

Vitran Corporation Inc. is a North American group of transportation companies offering less-than-truckload and supply chain services. To find out more about Vitran Corporation Inc. (Nasdaq:VTNC) (TSX:VTN), visit the website at Vitran.com - Homepage, transportation, TransWestern Express, TWE Express, Distribution, Logistics, G&W Freight, Truckload, Freight Connection, Vitran Express, Investor Relations, routing, Vitrac, road safety, friving, trucker, news, trucking, trucklo.

The Vitran Corporation logo is available at GlobeNewswire, Inc.

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements may be generally identifiable by use of the words "believe", "anticipate", "intend", "estimate", "expect", "project", "may", "plans", "continue", "will", "focus", "should", "endeavor" or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on current expectations and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially from those expressed or implied by such forward-looking statements.

Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Vitran's actual results, performance or achievements to differ materially from those projected in the forward-looking statements. Factors that may cause such differences include, but are not limited to, technological change, increases in fuel costs, regulatory changes, the general health of the economy, seasonal fluctuations, unanticipated changes in railroad capacities, exposure to credit risks, changes in labour relations and competitive factors. More detailed information about these and other factors is included in the annual MD&A on Form 10K under the heading "General Risks and Uncertainties." Many of these factors are beyond the Company's control; therefore, future events may vary substantially from what the Company currently foresees. You should not place undue reliance on such forward-looking statements. Vitran Corporation Inc. does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.

CONTACT: Richard Gaetz, President/CEO
Vitran Corporation Inc.
416/596-7664
Image: Vitran Corporation Logo

Vitran Corporation
 
You guys are getting a good one. Chris has worked in several different areas of FXF and previously American Freightways, including a few years as the Sales VP and the last 3-4 as our senior vp of operations.

oaf
 
Chris is fantastic!! You are very lucky to have him!! He is honest, smart and very nice. He will tell you like it is... He will be missed!!!!!!
 
new boss

Chris is a good guy! He will fix whats wrong with you guys......Hes a straight shooter and has been there done that I'm an sorry to see him leave fed ex tho......he has always been a if you need him call him kinda guy....you guys did good!
 
His first stop should be to Indy to clean house of all the corporate buffoons left over from the previous regime. Those fat cats have milked it for way too long.
 
by looking at the stock prices, I guess the investors must like Chris and be glad Mark is gone, the price has gone up almost $1 since he took over
 
from what i heard, he will be located at the pennsylvania terminal. hopefully he will start bringing in his own team slowly. i bet you russ peters has an uneasy feeling now, he will probably be next.
 
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