Train, understand this.While Vitran pays its drivers around 13% less than the industry average it is still on track for a 40 million dollar loss this year. Vitran has not made money in six years despite a workforce that is paid less than the industry average. That includes drivers, office clerical,and most management. What is causing the huge losses is the fact that Vitran has to give away the rates/pricing to the marketplace to get them to use Vitran. Vitrans rates are typically 10-15% lower than a Conway or Old Dominion. Vitran's marketplace reputation is that of "bottom feeder", their service is so subpar that customers demand low rates to offset the risk of higher damages, claims that don't get paid or processed timely, transit times that cause delays, lost shipments that cannot be found for days if not weeks, cross delivered shipments etc. On top of that, the old linehaul and new linehaul implemented by CK ( hub and spoke) have not worked and will not work. Vitran runs a hub and spoke yet their terminals are way too far apart from a mileage standpoint to ever be successful from a cost and service standpoint. The hub and spoke was supposed to save 2 million dollars a month by reducing miles run and eliminating hotel costs for driver layovers. Vitran cannot go from losing between 4 and 5 million dollars a month to zero loss in the next six months. The Transforce stock purchase is interesting but folks talking about a merger with these other companies are way off base. Velocity Express is a truck load/milk run carrier and there is no other LTL carrier in their portfolio in the USA. They do own TST Overland who covers most of ON and QC so a merger up there may work. The income that Vitran Canada and Vitran Logistics amounts to is around 6 million dollars. Vitran USA still has 75% of the revenues for this company so folks saying that the company can be saved by Canada and Logistics do not know what they are talking about. Vitran is doing around 12,600 shipments per day servicing 30 states, Holland does 28,000 per day servicing appx 20 states, Southeastern Freight Lines does 29,000 per day servicing 12 states and both these carriers are getting more than 10% more revenue per bill than Vitran. The only way to save Vitran is to somehow get massive rate increase( won't happen) , shut down the west coast and implement pay cuts for all salaried workers( won't work as more of them would flee just as the last 15 have done over the past three months).