Titanium Transportation Expands Freight Brokerage Operations at Strategic Windsor Detroit Gateway, Canadian Business Journal

BOLTON, ON, November 1, 2022 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or “we”) (TSX:TTNM), a leading provider of transportation and logistics services throughout North America, is pleased to announce that will be announced at He expanded his North American freight brokerage operations with the opening of his second offices in Windsor and Detroit Gateway.

“Building on our existing footprint in Windsor, Ontario, the opening of our second office at one of the largest gateways to trade between Canada and the United States will support our continued ‘asset-light’ growth strategy for North America. It reflects. transportation. “The expansion of our freight brokerage business will complement our existing fleet and better address the supply chain challenges facing our manufacturing customers at the U.S.-Canada border.

“We will continue to strategically expand our freight brokerage business by leveraging our investments in technology and systems to rapidly scale in multiple key markets.”

Revenue from the new Windsor location is expected to begin flowing in the fourth quarter of 2022.

About titanium

Titanium is a leading North American transportation company, providing asset-based trucking and logistics brokerage services to Canada and the United States, with approximately 800 generators, 3,000 trailers, 1,100 employees and independent We have an owner operator. Titanium provides trucking, private and cross-border trucking services, logistics, warehousing and distribution to over 1,000 customers. In the United States, Titanium has established operations in Charlotte, Atlanta, Chicago, Nashville and Denver. In February 2021, Titanium completed its largest acquisition since its inception, establishing Titanium as her 12th largest shipping company in Canada. Titanium has completed 12 transactions since 2011 and is a recognized purchaser for asset-based trucking companies. Titanium was named one of the Financial Times Americas Top 500 Fastest Growing Companies in 2020 for the first time. The company was ranked #1 by Canadian Business. His 11th consecutive year of Canada’s fastest growing companies. Also, for the second year in a row, Titanium has been ranked as one of Canada’s fastest growing companies by Globe and Mail’s Canadian Business Report. Titanium is currently listed on the Toronto Stock Exchange under the symbol “TTNM”.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking statements are provided for the purpose of assisting the reader in understanding Titanium’s current expectations and plans for the future, and the reader may be advised that such statements may not be appropriate for other purposes. Please note that forward-looking information may relate to Titanium’s future prospects and expected events and may affect Titanium’s financial condition, business strategy, budget, litigation, anticipated costs, facility May include statements regarding investments, financial results, taxes, plans and purposes related to Titanium. In particular, statements regarding future acquisitions, availability of credit, performance, performance, prospects or opportunities for Titanium or the industry in which it operates are forward-looking statements. In some cases, forward-looking information is described as “could,” “could,” “could,” “could,” “could,” “could,” It can be identified by terms such as “is”, “occurs”, “expects”, and “plans”. , “anticipate”, “believe”, “intend”, “seek”, “aim”, “estimate”, “target”, “plan”, “predict”, “predict”, “possible” “probability”, “continue”, “probable”, “probable”, or any negative or similar expressions relating to matters that are not historical facts.

Information contained in forward-looking statements, including historical trends, current conditions, management’s perception of expected future developments and other anticipated considerations, may not be used to draw conclusions or forecasts or Based on certain key assumptions applied in making the forecast. Appropriate for the situation. Although management believes these assumptions are reasonable based on currently available information, they may prove incorrect.

Forward-looking statements made in this press release are dated and relate only to events or information as of the date of this press release. Except as otherwise required by law, Titanium does not publicly update or update any forward-looking statements as a result of new information, future events or otherwise after the date the forward-looking statements are made. We are not obligated to make corrections. Unexpected event.

Neither TSX nor its regulated service providers (as those terms are defined in TSX’s policy) assume responsibility for the adequacy or accuracy of this release.

contact address

Titanium Transportation Group, Inc.
Ted Daniel, CPA, California
Chief executive officer
(905) 266-3011
[email protected]
www.ttgi.com

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