Bolton, Ontario, March 31, 2022 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or “Company”) (TSXV: TTR) has risen 15 spots over the past year, 12th According to today’s Trucking 2022 Top 100 Ranking, Canada’s largest trucking company. (Today’s trucking is a regular transaction that leads the Canadian trucking industry).
As a leading North American transportation, logistics and warehousing provider, ON’s Bolton-based Titanium has focused on expanding its asset-based trucking business through a combination of strategic acquisitions and organic growth, as well as its rapidly expanding logistics brokerage business. I did.
In February 2021, we completed the largest asset-based truck acquisition to date, acquiring ON Bellville’s ITS Group, and owning a titanium fleet with 800 power units, 3,000 trailers, 1,100 employees and independent ownership. Expanded to operators. In January 2022, we completed the acquisition of Bert and Sons Cartage in Brantford, Ontario, further strengthening our titanium business and expanding our physical footprint in key growth markets.
Titanium recently reported that 2021 revenues almost doubled from the previous year to about $ 400 million.
Titanium Chief Executive Officer Ted Daniel said: “In addition, we are still seeing significant opportunities for further growth.”
“In assessing various acquisition opportunities in Canada and the United States, we invested in the addition of quality assets and the launch of new technologies, resulting in strong organic growth and quality, both asset-based and non-asset-based. You will be able to achieve high results. Future business. “
Titanium is a leading North American transport company with an asset-based trucking business and logistics intermediary serving Canada and the United States, with approximately 800 power units, 3,000 trailers, 1,100 employees, and independent ownership. Has an operator. Titanium provides trucking, logistics and warehousing services to over 1,000 customers. In the United States, Titanium has operations in Charlotte, Atlanta, Chicago, Nashville and Denver. In February 2021, Titanium completed its largest acquisition since its inception, establishing Titanium as one of Canada’s largest transportation companies. Titanium is recognized as an asset-based truck company buyer and has completed 12 transactions since 2011. Titanium was ranked in the top 500 in 2020 as the first fast-growing company in Financial Times Americas. One of Canada’s fastest growing companies for 12 consecutive years. Titanium is currently listed on the Toronto Stock Exchange Venture under the “TTR” symbol.
Titanium Transportation Group Inc.
Ted Daniel, Certified Accountant, California
Chief executive officer
CBJ News Maker
Titanium Transport jumps 15 spots to 12th place in Canada’s largest truck fleet top 100 ranking in today’s truck transport in 2022, Canadian Business Journal
Source link Titanium Transport jumps 15 spots to 12th place in Canada’s largest truck fleet top 100 ranking in today’s truck transport in 2022, Canadian Business Journal