Truck News

Titanium Transportation Group

  • Titanium achieves record quarter

    May 10, 2018 10:01AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group reported record earnings in the first quarter. Its consolidated revenue was up 53%, to a record $45.5 million, while its consolidated EBITDA also reached a record at $5 million, up 71%. Its logistics EBITDA

  • Market conditions will drive strong organic growth: Titanium

    March 6, 2018 8:26PM by Truck News

    BOLTON, Ont. – Titanium Transportation Group grew total revenues by 24% year-over year in the fourth quarter, to $35.4 million. It also increased its EBITDA 14% to $3.5 million, and completed its acquisition of Xpress Group in Windsor, Ont. It

  • David Bradley to join Titanium board

    December 18, 2017 10:10AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group has announced David Bradley is joining its board, as an independent director. Bradley is retiring as the longtime head of the Canadian Trucking Alliance and Ontario Trucking Association. He will assume his position on

  • Titanium gives drivers a raise

    November 27, 2017 11:17AM by Truck News

    BOLTON, Ont. – Titanium Trucking Services has announced it is increasing driver and owner-operator pay, to help achieve its growth plan for 2018. Owner-operator rates are increasing by 5% of revenue and company drivers will get up to a six

  • ‘This is the time’ for acquisitions: Titanium

    November 8, 2017 9:13AM by James Menzies

    BOLTON, Ont. – Titanium Transportation Group’s Q3 earnings were actually a tale of two quarters. In the first half of the quarter, a slumping U.S. dollar negatively impacted revenue from U.S.-based customers, while the second part of the quarter saw

  • Better rates, volumes offset by weaker U.S. dollar: Titanium

    November 8, 2017 6:22AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group reported stronger third quarter revenue and improving volumes, but profits were negatively affected by the weakening U.S. dollar. Still, the company is optimistic trucking conditions will improve in the months to come. Titanium revenue

  • Titanium buys Xpress Group

    October 2, 2017 7:41AM by Truck News

    WINDSOR, Ont. – Titanium Transportation Group has announced its acquisition of Xpress Group, a Windsor-based van and flatbed carrier. The deal consisted of $3.1 million in cash, $420,000 worth of Titanium stock, and the assumption of $5.2 million in debt.

  • Improving trucking conditions enabling organic growth: Titanium

    August 10, 2017 9:18AM by James Menzies

    BOLTON, Ont. – As Titanium Transportation Group continues to evaluate acquisition opportunities, it is taking advantage of what it sees as a changing business environment that’s conducive to organic growth. Growing organically has been all but impossible in the trucking

  • Titanium posts Q2 profit on rising revenue

    August 10, 2017 6:27AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group posted record results in the second quarter, growing revenue 9% and recording a net profit of $300,000. Revenue came in at $32.8 million, while EBITDA climbed 7% to $3.4 million. During the quarter, Titanium

  • Titanium looks to roll out share purchase plan

    June 6, 2017 7:10AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group wants its employees and owner-operators to also be owners. The company announced this morning it is implementing a share purchase plan for the company’s employees and owner-ops, pending shareholder approval at its annual meeting

  • Titanium posts stronger Q1 revenues

    May 10, 2017 8:40AM by James Menzies

    Management “cautiously optimistic” about remainder of the year

  • Overcapacity remains, but ELD mandate will help: Titanium

    March 28, 2017 11:53AM by James Menzies

    BOLTON, Ont. – Overcapacity and pressure on pricing made 2016 a challenging year for Titanium Transportation, but the stage is now set for it to resume its growth. Ted Daniel, CEO of Titanium, addressed analysts last week to discuss 2016

  • Titanium grows revenue, EBITDA

    March 22, 2017 6:18AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group posted a net loss of $62,091 in 2016, but grew its revenue 6% and improved its EBITDA slightly over the previous year. The company says it generated $116.6 million in revenue in 2016, a

  • Titanium rolling out BlackBerry Radar

    December 21, 2016 9:36AM by Truck News

    WOODBRIDGE, Ont. – Titanium Transportation is the latest fleet to commit to BlackBerry’s Radar trailer tracking platform. Titanium announced it will be deploying Radar across its entire trailer fleet in an effort to increase revenue per trailer and improve profitability.

  • Titanium earnings improve year-over-year

    November 16, 2016 9:20AM by Truck News

    CEO Ted Daniel doesn’t see overcapacity situation changing soon