Titanium Transportation Group to go public

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WOODBRIDGE, Ont. — Titanium Transportation Group will be listed on the Toronto Stock Exchange, following a reverse takeover involving reporting issuer Northeastern Group and the numbered company 9050400 Canada.

Titanium operates 181 power units and 625 trailers. It provides long-haul, dedicated and cross-border trucking services, freight logistics and warehousing and distribution to more than 600 customers.

It has been growing of late, adding five asset-based trucking firms to its organization since 2011.

“Titanium has a proven track record of acquiring asset-based transportation companies, extracting significant synergies, and utilizing leading edge technologies to service its customers. We are excited to announce Titanium’s next phase of growth as a publicly traded company, and believe that Titanium is uniquely positioned to benefit from the ongoing consolidation of the trucking and logistics sector in eastern Canada,” announced Ted Daniel, CEO of Titanium Group.

 

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