Titanium Transportation opens Chicago freight brokerage

Titanium Transportation Group opened its an office in Chicago.

Titanium Transportation Group (TSX-V:TTR) has opened a freight brokerage office in Chicago, the Canadian cross-border trucking and logistics company said on Friday as it continues to ramp up its expansion into the U.S.

“As we look to accelerate our growth and expand our footprint in the U.S. freight brokerage business, Chicago is an obvious choice that offers a tremendous opportunity given its position as a top hub for freight transportation in the United States,” Ted Daniel, president and CEO...

https://www.freightwaves.com/news/titanium-transportation-opens-chicago-freight-brokerage

Titanium’s US expansion heats up as Nashville brokerage launches

A tractor-trailer from Canadian trucking and logistics company Titanium Transportation Group. Titanium is continuing to expand in the US.

Titanium Transportation Group’s U.S. expansion took a brief pause for the COVID-19 pandemic. However, the Canadian transportation and logistics firm’s Nashville freight brokerage office has wasted little time since quietly opening on July 1. 

“Nashville is already moving freight, which is great,” Titanium Transportation Chief Operating Officer Marilyn Daniel told FreightWaves. It marks Titanium’s second U.S. location after it launched its Charlotte, North Carolina brokerage in 2019.

The brokerage...

https://s29755.pcdn.co/news/titaniums-us-expansion-heats-up-as-nashville-brokerage-launches

Today’s Pickup: How a Canadian carrier recession-proofed its business

A tractor-trailer of Titanium Transportation Group

Before Ted Daniel started Canadian cross-border carrier Titanium Transportation Group (TSX-V:TTR), he specialized in helping turn around distressed companies. It’s perhaps no surprise that the CEO and his wife, Chief Operating Officer Marilyn Daniel, built a company that they call “recession-proof.”

“We didn’t realize the magnitude of what this really meant until we faced a once-in-a-lifetime world shutdown pandemic,” Ted Daniel told financial analysts on May 13 after reporting a 13.6% surge in...

https://www.freightwaves.com/news/todays-pickup-how-a-canadian-carrier-recession-proofed-its-business

Titanium’s US brokerage fires up in resilient first quarter

A tractor-trailer of Titanium Transportation Group

Titanium Transportation Group (TSX-V:TTR) reported a 13.6% increase in revenue in the first quarter Tuesday as the Canadian company’s U.S. brokerage more than offset slightly weaker performance from its cross-border trucking business. 

Ontario-based Titanium posted a net income of C$0.6 million, or C$0.02 per share, on C$44.3 million in revenue. It compared to C$0.5 million, or C$0.01 per share, on C$39 million during the first quarter of 2019.

“Our results were excellent given the current...

https://s29755.pcdn.co/news/titaniums-us-brokerage-fires-up-in-resilient-first-quarter

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