8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)                 April 19, 2006

Vitran Corporation Inc.
(Exact name of registrant as specified in its charter)
ONTARIO, CANADA	000-26256	Not applicable
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification No.)
incorporation)
185 The West Mall, Suite 701, Toronto, Ontario, Canada		M9C 5L5
(Address of principal executive offices)		(Zip code)

(Registrant's telephone number, including area code)             416-596-7664

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8. Other Events

On April 19, 2006, the Registrant issued the press release attached hereto as Exhibit 99.1, and such press release is incorporated in its entirety by reference herein.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	VITRAN CORPORATION INC.
	By: /s/ Sean P. Washchuk
	Name: Sean P. Washchuk
Date: April 21, 2006	Title: Vice President Finance and Chief Financial Officer

EXHIBIT INDEX
Exhibit	Description of Exhibit
99.1	Vitran Reports Record First Quarter Revenue and Net Income; Achieves 37 Percent Net Income Growth and Diluted EPS of $0.29

EX-99.1

REMINDER:

Vitran management will conduct a conference call and webcast tomorrow, April 20 at 1:00 p.m. (ET), to discuss the Company's 2006 first quarter results.
Conference call dial-in: 800/709-2153
Live Webcast: www.vitran.com (select "Investor Relations")

CONTACT:
Richard Gaetz, President/CEO	Robert Rinderman
Sean Washchuk, VP Finance/CFO	Steven Hecht
Vitran Corporation Inc.	Jaffoni & Collins Incorporated
416/596-7664	212/835-8500 or VTNC@jcir.com

FOR IMMEDIATE RELEASE

VITRAN REPORTS RECORD FIRST QUARTER REVENUE AND NET INCOME

- Achieves 37 Percent Net Income Growth and Diluted EPS of $0.29 -

TORONTO, ONTARIO (April 19, 2006) – Vitran Corporation Inc. (NASDAQ: VTNC, TSX: VTN), a North American transportation and logistics firm, today announced record results for the three-month period ended March 31, 2006 at its Annual Meeting of Shareholders held at the Toronto Stock Exchange (all figures reported in $U.S.).

The Company achieved a 37 percent increase in net income to $3.8 million in the 2006 first quarter, or $0.29 per diluted share, which includes a $0.01 per share gain related to a change in accounting principle. Revenue increased 23 percent to $115.1 million, versus the year-ago period. Vitran's record 2006 first quarter revenue and net income results were achieved despite a $332,000 decline in income from operations at the Company's Truckload segment. In the 2005 first quarter, Vitran recorded net income of $2.8 million, or $0.22 per diluted share on revenue of $93.9 million. The Company's consolidated operating ratio (OR) improved to 95.7 in the first quarter of 2006, compared to 96.1 in the first quarter of 2005.

"Buoyed by solid revenue growth on both sides of the border and contributions from our two most recent acquisitions, Chris Truck Line and Sierra West Express, Vitran delivered strong net income improvement in the 2006 first quarter, extending our streak to 18 consecutive quarters of year-over-year net income growth," stated Vitran President and Chief Executive Officer Rick Gaetz.

"With a strong balance sheet including almost $15 million of cash on hand and $28.4 million of availability under our credit line, we continue to actively seek accretive North American LTL acquisitions that will further extend Vitran's operating footprint. In the interim, we are systematically rolling out cross-selling initiatives to the southwestern states and developing information technology and a cross-selling strategy for the newly acquired western U.S. region," Mr. Gaetz concluded.

First quarter diluted per share results are based on 12.9 million and 12.8 million diluted weighted average shares outstanding during the 2006 and 2005 three-month periods, respectively.

Segmented Results

Income from operations increased 55 percent at Vitran's LTL (less-than-truckload) segment to $5.1 million on 28 percent revenue growth in the 2006 first quarter, compared to the prior-year period. Revenue from Vitran's cross-border line of business grew 35 percent, compared to the 2005 first quarter. This strong performance resulted in a 90 basis point year-over-year improvement in the LTL segment's first quarter OR to 94.8.

The Logistics segment achieved a 41 percent increase in operating income on six percent higher revenue, resulting in a 140 basis point OR improvement to 94.5 during the 2006 first quarter, compared to the year-ago quarter. Vitran's Truckload segment reported income from operations of $410,000 during the current quarter, with an OR of 95.1.

About Vitran Corporation Inc.

Vitran Corporation Inc. is a North American group of transportation companies offering less-than-truckload, logistics, truckload, and freight brokerage services. To find out more about Vitran Corporation Inc. (NASDAQ: VTNC, TSX: VTN), visit the website at www.vitran.com.

Statements in the press release regarding management's future expectation, beliefs, goals, plans, or prospects constitute forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. For this purpose, any statements that are contained herein that are not statements or historical fact may be deemed to be forward-looking statements made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Without limiting the foregoing, the words "believes", "anticipates", "plans" "intends", "will", "should", "expects", "projects", and similar expressions are intended to identify forward-looking statements. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause actual result, future circumstances or events to differ materially from those projected in the forward-looking statements. These risks include, but are not limited to, economic factors, demand for the Company's services, fuel price fluctuations, the availability of employee drivers and independent contractors, risks associated with geographic expansion, capital requirements, claims exposure and insurance costs, competition, government regulation changes, environmental hazards and other risks detailed from time-to-time in the Company's public disclosure documents or other filing with the Canadian and United States securities commissions or other securities regulatory bodies. The forward-looking statements are made as of the date hereof, and the Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

(tables follow)

Vitran Corporation Inc.
Consolidated Balance Sheets
(Unaudited)
(in thousands of United States dollars, US GAAP)
	March 31, 2006		Dec. 31, 2005
Assets
Current assets:
Cash and cash equivalents	$	14,970	$	14,592
Accounts receivable		50,337		46,587
Inventory, deposits and prepaid expenses		8,586		8,396
Future income taxes		2,115		1,442
		76,008		71,017
Capital assets		68,285		66,807
Intangible assets		2,372		2,456
Goodwill		63,155		61,448
	$	209,820	$	201,728
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable and accrued liabilities	$	49,287	$	41,362
Income and other taxes payable		712		1,124
Current portion of long-term debt		6,408		5,845
		56,407		48,331
Long-term debt		3,781		8,588
Future income taxes		6,057		5,007
Shareholders' equity:
Common shares		63,925		63,604
Additional paid-in capital		1,005		956
Retained earnings		75,317		71,553
Accumulated other comprehensive income		3,328		3,689
		143,575		139,802
	$	209,820	$	201,728
(Statements of Income follows)

Vitran Corporation Inc.
Consolidated Statements Of Income
(Unaudited)
(in thousands of United States dollars except per share amounts, US GAAP)
	Three months		Three months
		Ended		ended
	Mar. 31, 2006		Mar. 31, 2005
Revenue	$	115,127	$	93,941
Operating expenses		97,121		80,144
Selling, general and administrative expenses		10,743		8,817
Other income		(116)		(10)
Depreciation and amortization expense		2,407		1,331
		110,155		90,282
Income from operations before undernoted		4,972		3,659
Interest expense (income), net		176		(48)
Income from operations before income taxes		4,796		3,707
Income taxes		1,173		953
Net income before cumulative effect of a change in accounting principle	$	3,623	$	2,754
Cumulative effect of a change in accounting principle	$	141	$	--
Net income	$	3,764	$	2,754
Earnings per share
Basic:
Net income before cumulative effect of a change in accounting principle	$	0.29	$	0.22
Cumulative effect of a change in accounting principle	$	0.01	$	--
Net income	$	0.30	$	0.22
Diluted:
Net income before cumulative effect of a change in accounting principle	$	0.28	$	0.22
Cumulative effect of a change in accounting principle	$	0.01	$	--
Net income	$	0.29	$	0.22
Weighted average number of shares:
Basic		12,652,075		12,411,968
Diluted		12,934,751		12,754,930
(Statements of Cash Flows follows)

Vitran Corporation Inc.
Consolidated Statements Of Cash Flows
(Unaudited)
(in thousands of United States dollars, US GAAP)
	Three months		Three months
		ended		ended
	Mar. 31, 2006		Mar. 31, 2005
Cash provided by (used in):
Operations:
Net income	$	3,764	$	2,754
Items not involving cash from operations:
Depreciation and amortization expense		2,407		1,331
Future income taxes		377		565
Stock based compensation expense		190		129
Gain on sale of fixed assets		(116)		(10)
Cumulative effect of a change in accounting principle		(141)		--
Change in non-cash working capital components		2,201		(2,249)
		8,682		2,520
Investments:
Purchase of capital assets		(1,878)		(6,222)
Proceeds on sale of capital assets		170		14
Acquisition of subsidiary		(2,497)		--
Marketable securities		--		1,369
		(4,205)		(4,839)
Financing:
Revolving credit facility		(2,985)		--
Repayment of long-term debt		(1,321)		(570)
Issue of Common Shares upon exercise of stock options		321		17
Repurchase of Common Shares		--		(692)
		(3,985)		(1,245)
Effect of translation adjustment on cash		(114)		(46)
Increase (decrease) in cash position		378		(3,610)
Cash position, beginning of period		14,592		7,375
Cash position, end of period	$	14,970	$	3,765
Change in non-cash working capital components:
Accounts receivable	$	(2,346)	$	(3,361)
Inventory, deposits and prepaid expenses		188		324
Income and other taxes recoverable/payable		(412)		(761)
Accounts payable and accrued liabilities		4,771		1,549
	$	2,201	$	(2,249)
(additional financial information follows)

LTL Statistical Information - U.S. and CDN Divisions

For the quarter ended
March 31, 2006

($U.S.)	U.S. LTL		Q. over Q.	($CDN)	CDN LTL		Q. over Q.
	Division		% Change		Division		% Change
Revenue (000's)	$	57,321	34.5	Revenue (000's)	$	46,072	12.1
No. of Shipments		460,515	25.7	No. of Shipments		204,548	4.4
Weight (000's lbs)		653,242	29.4	Weight (000's lbs)		391,134	2.8
Revenue per shipment	$	124.47	7.0	Revenue per shipment	$	225.24	7.4
Revenue per CWT	$	8.77	3.8	Revenue per CWT	$	11.78	9.1

Supplementary Segmented Financial Information
(000's of $U.S.)

For the quarter ended				For the quarter ended
March 31, 2006				March 31, 2005
	Revenue	Inc. from	OR%		Revenue	Inc. from	OR%
		Operations				Operations
LTL	97,423	5,068	94.8	LTL	76,105	3,263	95.7
LOG	9,412	514	94.5	LOG	8,876	364	95.9
TL	8,292	410	95.1	TL	8,960	742	91.7

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