March 27, 2024

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Business is my step

Titanium Transportation Team Expands U.S. Profits Progress Possibility, Provides New Strategic …

4 min read
  • New Chicago brokerage office environment is Titanium’s third U.S. site in a lot less than two yrs, pursuing Charlotte in Could 2019, and Nashville in July 2020
  • In line with the Company’s “asset-light” U.S. progress system, Titanium will continue on to broaden its footprint and expects to protected more critical places throughout the U.S.
  • Advancement endeavours will continue to be supported by its proven and escalating U.S. primarily based team delivering deep U.S. brokerage and logistics market abilities

BOLTON, Ontario, Jan. 07, 2021 (Globe NEWSWIRE) — Titanium Transportation Team Inc. (“Titanium” or the “Company”) (TSX Enterprise:TTR) is pleased to announce that it has opened its 3rd strategic U.S. brokerage providers locale, in Chicago, IL.

“We are thrilled with the good results we have realized next our initial entry in the U.S. less than two decades back,” said Ted Daniel, President and CEO, Titanium Transportation Team. “We are leveraging our investments in know-how and devices to keep on to develop a scalable business that supports strategic development prospects with minimal further overhead.”

The new Chicago workplace will work under the Company’s U.S. subsidiary, Titanium American Logistics, Inc., which started functions in Might 2019.

Daniel added, “The asset mild mother nature of the brokerage company represents the exceptional U.S. expansion technique through these unprecedented periods. As we ramp up our business in Chicago we will carry on to request out and execute on additional new geographical targets that enhance our existing services offerings and let for the expansion into new marketplaces.”

About Titanium
Titanium is a leading asset-based mostly transportation and logistics business servicing Canada and the United States, with about 475 power models, 1,400 trailers and 600 workforce and independent proprietor operators. Titanium supplies truckload, committed, and cross-border trucking expert services, freight logistics, and warehousing and distribution to in excess of 1,000 consumers. Titanium is a regarded consolidator of asset-based mostly transportation corporations in Ontario, getting concluded ten asset-centered trucking acquisitions since 2011. Titanium has also been ranked by Canadian Business (previously Revenue journal) as a single of Canada’s Quickest Developing Businesses for twelve (12) consecutive years.

CAUTIONARY Statement Regarding Ahead-On the lookout STATEMENTS

Particular statements contained in this push launch constitute ahead-hunting facts inside of the that means of Canadian securities laws. Ahead-searching statements are offered for the uses of helping the reader in understanding Titanium’s existing anticipations and plans relating to the long term and viewers are cautioned that this sort of statements may not be acceptable for other functions. Ahead-on the lookout details may perhaps relate to Titanium’s long run outlook and anticipated gatherings, and may consist of statements with regards to the monetary situation, organization strategy, budgets, litigation, projected fees, cash expenditures, economical success, taxes and options and objectives of or involving Titanium, which includes Titanium’s organic and natural earnings development and its strategies for foreseeable future locations in the U.S., which may possibly fluctuate materially from anticipations. Specifically, statements about long term acquisitions, the availability of credit history, efficiency, achievements, potential clients or options for Titanium or the business in which it operates are ahead-looking statements. In some instances, ahead-wanting facts can be discovered by phrases these kinds of as “may”, “might”, “will”, “could”, “should”, “would”, “occur”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “seek”, “aim”, “estimate”, “target”, “project”, “predict”, “forecast”, “potential”, “continue”, “likely”, “schedule”, or the adverse thereof or other similar expressions about issues that are not historic info.

Data contained in forward-wanting statements is based upon specified material assumptions that ended up used in drawing a conclusion or earning a forecast or projection, like management’s perceptions of historical trends, latest circumstances and anticipated long run developments, as very well as other considerations that are believed to be proper in the situation. Whilst administration considers these assumptions to be fair based mostly on presently obtainable info, they may show to be incorrect.

The forward-wanting statements created in this push launch are dated, and relate only to events or data, as of the day of this press launch. Other than as especially expected by regulation, Titanium undertakes no obligation to update or revise publicly any ahead-searching statements, regardless of whether as a consequence of new data, foreseeable future functions or if not, after the day on which the statements are designed or to mirror the incidence of unanticipated events.

Neither the TSXV nor its Regulation Solutions Provider (as that term is defined in the insurance policies of the TSXV) accepts duty for the adequacy or accuracy of this release.

Call Facts

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

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

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