Titanium Transportation Group Inc T.TTNM

Alternate Symbol(s): TTNMF

Industrials

Titanium Transportation Group Inc. is a transportation company. The Company has asset-based trucking operations and logistics brokerages servicing Canada and the United States, with approximately 900 power units and 3,000 trailers. It provides truckload, dedicated and cross-border trucking services, logistics and warehousing and distribution to over 1,000 customers. It has established both asset-based and brokerage operations in Canada and the United States with 18 locations. The Company operates through two segments: Truck Transportation and Logistics. The Truck Transportation segment represents the pickup and delivery of full loads across Canada and the United States using a van, flatbed or other specialized equipment. The Logistics segment represents the brokering of freight across North America. It has terminals in Bolton, Bracebridge, Napanee, North Bay, Windsor, Belleville, Cornwall, Brantford, ON, Oakwood, GA and Falkville, AL.

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Titanium Transportation Group Inc

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Post by Betteryear2on May 06, 2024 5:58pm

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Post# 36025864

Completes Sale of Non-Core Assets T.TTNM

BOLTON, Ontario, May 06, 2024 (GLOBE NEWSWIRE) -- Titanium Transportation Group Inc. ("Titanium" or the "Company") (TSX:TTNM, OTCQX:TTNMF), a leading provider of transportation and logistics services throughout North America, today announced that it has completed the sale of non-core, undeveloped land assets, totalling approximately 21 acres, in Cornwall, Ontario for gross proceeds of $4.5 million in cash. All amounts are in Canadian currency. Proceeds of the sale will be used to pay down Company debt.

Titanium Transportation Group Completes Sale of Non-Core (globenewswire.com)

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