Titanium Transportation Group Expands U.S. Revenue Growth Opportunity, Provides New Strategic Brokerage Solutions in Chicago

• New Chicago brokerage business is Titanium’s 3rd U.S. locale in much less than two a long time, following Charlotte in Might 2019, and Nashville in July 2020
• In line with the Company’s “asset-light” U.S. development technique, Titanium will carry on to broaden its footprint and expects to protected more essential locations throughout the U.S.
• Growth attempts will go on to be supported by its established and increasing U.S. primarily based crew delivering deep U.S. brokerage and logistics sector knowledge
  

BOLTON, Ontario, Jan. 07, 2021 (Globe NEWSWIRE) — Titanium Transportation Team Inc. (“Titanium” or the “Company”) (TSX Undertaking:TTR) is pleased to announce that it has opened its third strategic U.S. brokerage companies place, in Chicago, IL.

“We are thrilled with the good results we have obtained subsequent our original entry in the U.S. a lot less than two several years ago,” stated Ted Daniel, President and CEO, Titanium Transportation Group. “We are leveraging our investments in know-how and methods to proceed to develop a scalable company that supports strategic progress options with nominal extra overhead.”

The new Chicago place of work will work underneath the Company’s U.S. subsidiary, Titanium American Logistics, Inc., which commenced functions in May possibly 2019.

Daniel included, “The asset light character of the brokerage company signifies the ideal U.S. growth system throughout these unprecedented situations. As we ramp up our enterprise in Chicago we will proceed to search for out and execute on further new geographical targets that complement our present provider choices and allow for for the growth into new markets.”

About Titanium
Titanium is a foremost asset-dependent transportation and logistics firm servicing Canada and the United States, with roughly 475 electricity units, 1,400 trailers and 600 staff and impartial operator operators. Titanium delivers truckload, devoted, and cross-border trucking companies, freight logistics, and warehousing and distribution to above 1,000 buyers. Titanium is a identified consolidator of asset-primarily based transportation firms in Ontario, possessing done 10 asset-dependent trucking acquisitions due to the fact 2011. Titanium has also been ranked by Canadian Enterprise (previously Financial gain journal) as 1 of Canada’s Swiftest Rising Companies for twelve (12) consecutive many years.

CAUTIONARY Assertion About Forward-Looking STATEMENTS

Specified statements contained in this press release represent ahead-searching info inside of the which means of Canadian securities legislation. Forward-hunting statements are offered for the purposes of assisting the reader in understanding Titanium’s existing expectations and options relating to the upcoming and readers are cautioned that these statements may not be correct for other functions. Forward-on the lookout data may possibly relate to Titanium’s future outlook and predicted events, and may possibly include statements relating to the money placement, organization approach, budgets, litigation, projected expenditures, money expenditures, financial final results, taxes and options and goals of or involving Titanium, including Titanium’s natural and organic earnings advancement and its designs for long term places in the U.S., which may change materially from expectations. Notably, statements with regards to foreseeable future acquisitions, the availability of credit, effectiveness, achievements, prospective buyers or options for Titanium or the marketplace in which it operates are ahead-searching statements. In some instances, forward-looking facts can be identified by terms this sort of as “may well”, “may well”, “will”, “could”, “should”, “would”, “manifest”, “count on”, “plan”, “anticipate”, “think”, “intend”, “find”, “intention”, “estimate”, “target”, “job”, “forecast”, “forecast”, “possible”, “proceed”, “very likely”, “plan”, or the unfavorable thereof or other equivalent expressions regarding matters that are not historic points.

Details contained in ahead-searching statements is centered on certain materials assumptions that were utilized in drawing a conclusion or producing a forecast or projection, like management’s perceptions of historic traits, latest disorders and predicted potential developments, as nicely as other things to consider that are thought to be ideal in the instances. Though administration considers these assumptions to be reasonable primarily based on at the moment readily available information and facts, they may possibly show to be incorrect.

The ahead-on the lookout statements made in this push launch are dated, and relate only to gatherings or info, as of the date of this press release. Besides as particularly demanded by law, Titanium undertakes no obligation to update or revise publicly any forward-hunting statements, irrespective of whether as a end result of new info, upcoming gatherings or usually, following the day on which the statements are created or to reflect the occurrence of unanticipated events.

Neither the TSXV nor its Regulation Products and services Company (as that time period is described in the guidelines of the TSXV) accepts accountability for the adequacy or accuracy of this launch.

Get hold of Information and facts

Titanium Transportation Team Inc.
Ted Daniel, CPA, CA
Chief Executive Officer
(905) 266-3011
[email protected]
www.ttgi.com

For Trader Relations
Jayson Moss, CFA
(604) 375-3599
[email protected]
www.ttgi.com