Deluce, who has been on the company’s board since 2004, will steer Vitran’s ongoing operations and strive to improve financial results until a permanent president is found, a search that is ongoing.
Deluce replaced Rick Gaetz, who recently resigned from Vitran.
Last month, Vitran sold its supply chain operation to Legacy Supply Chain for $97 million. Vitran used some of the money to pay off its outstanding debt.
Upon reporting the company’s fourth-quarter results in February, Gaetz said the company will push forward by creating earnings momentum in the U.S. less-than-truckload market and focusing on a trans-border product between the United States and Canada.
Toronto-based Vitran’s 2012 revenue rose 2.4 percent, year over year, to $702.9 million. – Jon Ross
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now