Titanium Transportation Group Reports Solid Q2 2024 Revenue - Second quarter consolidated revenue increased 14.7% year-over-year, driven by growth in Truck Transportation and Logistics revenues, despite persistent market challenges impacting all motor carriers and logistics services providers.
- Revenue growth in the Truck Transportation segment was 20.7%, year-over-year, reflects revenue from our recent U.S. asset-based acquisition.
- Also, on a year-over-year basis, revenues in the Logistics sector rose by 6.6% during the second quarter.
- The Company continued to strengthen its balance sheet by divesting redundant assets and operations, as well as optimizing its fleet.
BOLTON, Ontario, Aug. 12, 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, is pleased to report its financial results for the three and six-month period ended June 30, 2024. All amounts are in Canadian currency.
Titanium Transportation Group Reports Solid Q2 2024 Revenue (globenewswire.com)