Press Release

Morgan Lewis Advises TransForce in $248M Acquisition of Dynamex

December 14, 2010

NEW YORK, December 14, 2010: TransForce Inc. (TransForce), the leader in the Canadian transportation and logistics industry, today announced that it has entered into a definitive agreement and plan of merger to acquire all of the outstanding shares of Dynamex Inc. (Dynamex) for a purchase price of $25.00 per share, in cash, representing a total purchase price of approximately US $248 Million. Morgan Lewis successfully represented TransForce, in a winning bid in a "go shop" process following Dynamex entering into an agreement and plan of merger on October 1, 2010 with DashNow Holdings Corp. and DashNow Acquisition Corp (DashNow).

Headquartered in Dallas, Texas, Dynamex is North America's leading provider of same-day delivery and logistics services, offering a wide range of door-to-door fulfillment and distribution for clients of all sizes and needs for over 20 years. In connection with entering into the merger agreement with TransForce, Dynamex has terminated its previous agreement with DashNow.

The Morgan Lewis team on the deal included Business & Finance partners Jonathan Morris and R. Alec Dawson, assisted by associate Andrew Milano. In Canada, Heenan Blaikie LLP partners Neil Wiener and Charlie MacCready advised TransForce.