CALGARY, May 25, 2012 /PRNewswire/ – Trimac Transportation Ltd. (“Trimac“) (TSX: TMA) announced today that it has entered into a letter of
intent for the acquisition of all the issued and outstanding shares in
the capital of Liquid Cargo Lines Limited (“LCL”). The closing of the
transaction remains subject to customary terms and conditions including
the parties entering into a definitive share purchase agreement and the
completion of due diligence. In connection with the closing of the
transaction, it is anticipated that the 13 acre property owned by LCL
will be sold to a related party of Trimac and leased back to LCL, all
on commercial terms. The closing is expected to be completed in the
third quarter of 2012.

LCL, based out of Mississauga, Ontario since 1953, has provided
specialized bulk transportation deliveries throughout Ontario, Quebec
and the United States with a focus in chemicals and asphalt. The
assets of LCL include 13 acres of real estate, 50 trailers, 23 company
owned power units in addition to 15 owner operators.

In commenting on the transaction, Ed Malysa, President and Chief
Operating Officer of Trimac, stated “Trimac is extremely pleased to
have the employees of LCL join the Trimac team”. Mr. Malysa goes on to
say “LCL is a very strategic acquisition on several fronts. LCL’s team
of approximately 45 professional drivers will allow Trimac to grow its
chemical and asphalt bunker product offering in central and eastern
Canada. In addition, we gain 10 professional mechanics to grow our
National Tank Services (NTS) segment. The 13 acre property includes
mechanical shop facilities, commercial tank washing (currently leased
and operated by NTS), administrative offices and parking. The property
is strategically located and will facilitate Trimac’s future growth
requirements in this key geographic market.”

About Trimac: Trimac is Canada’s largest provider of bulk trucking
services with operations from coast to coast. In addition, through its
National Tank Services division, Trimac performs repairs, maintenance
and tank-trailer cleaning services for both the Trimac fleet and for
third party commercial customers. Trimac also provides third party
transportation logistics services in Canada and the United States
through its wholly owned subsidiary Bulk Plus Logistics.

SOURCE Trimac Transportation Ltd.