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Vitran Corporation, Inc. Q2 2010 Earnings Call Transcript

Vitran Corporation, Inc. (VTNC)

Q2 2010 Earnings Call

July 22, 2010 11:30 a.m. ET


Richard Gaetz, President & CEO

Sean Washchuk, VP Finance & CFO


David Ross - Stifel, Nicolaus & Co

Art Hatfield - Morgan Keegan

Jack Waldo - Stephens Inc.

Neal Deaton - BB&T Capital Markets

Jason Seidel - Dahlman Rose



Please standby your meeting is about to begin. Welcome to the Vitran Corporation, Second Quarter Results Conference Call. Your host for today are Rick Gaetz and Sean Washchuk. There will be a formal Q&A at the end of the call and instructions will be given on how to queue-up for a question. Please go ahead.

Rick Gaetz

Thanks Chris. Good morning everyone. Welcome to Vitran's second quarter 2010 conference call. We're hosting the call today from warm and sunny Los Angeles as supposed to our normal hosting location of Toronto.

As always I'm joined today by Sean Washchuk, Vitran's Chief Financial Office. I'm sure by now you've read the press release from late yesterday afternoon or early this morning regarding the results of our most recent quarter. I'm extremely pleased that we continue to make progress particularly in a couple of key areas which I will elaborate on in a few minutes. We continue to have a long way to go, but there is no denying that we have turned the corner.

We have reported our best results in two years. I think there are several reasons to have some level of optimism going forward. But before I talk about the second quarter results, I'd like Sean to read the Safe Harbor clause and give you a brief financial overview of the quarter.

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