Business Management Titanium revenue boosted by U.S. expansion, but market conditions weigh on profits November 15, 2023 Expansion into the U.S. asset-based trucking market helped Titanium Transportation boost revenue 14% in Q3 compared to the previous quarter, as its acquisition of Crane Transport will generate about US$60…
Business Management Titanium earnings slide as trucking conditions normalize August 15, 2023 Titanium is the last of Canada’s publicly traded companies to report Q2 earnings, and like its peers it was unable to match record year-ago numbers. Consolidated revenue totaled $100.4 million,…
Business Management 5 ways to improve trailer utilization through telematics June 12, 2023 If the last couple years of snarled supply chains, equipment shortages, and inflation have taught us anything, it’s that the trailer has always been an underappreciated asset. While fleets have…
Business Management Titanium’s trucking margin improvements help it grind out Q1 profit May 16, 2023 Titanium Transportation Group earned net income of $3.6 million in Q1, but deteriorating market conditions were reflected in a 22% decrease in revenue and 40% decline in net income. The…
Business Management ‘Offense is best defense’ in slowing economy: Titanium CEO March 14, 2023 Titanium Transportation ended 2022 with a 24% increase in revenue to $496 million, and net income of $22.8 million, a 394% increase even after weathering Q4 challenges such as rising…
Business Management What’s eating Canada’s trucking CEOs? March 10, 2023 The TruckNews.com survey about the biggest challenges facing Canadian trucking executives in 2023 is a rich menu of column ideas. In the last issue, I covered two of them—people problems…
Business Management Titanium adds sixth U.S. freight brokerage in Arkansas January 25, 2023 Titanium Transportation continues to grow its U.S. brokerage business, adding a sixth location in Fayetteville, Ark. “With the opening of our Arkansas office, our sixth U.S. location, we are continuing…
Business Management Rising interest rates, skyrocketing inflation will affect trucking M&A landscape January 9, 2023 Merger and acquisition activity may slow this year as freight conditions normalize and the cost of borrowing increases, but dealmakers are still gonna deal. Organic growth — one truck, driver…
Business Management Trucking executive outlook: Marilyn Daniel, Titanium Transportation December 28, 2022 As 2022 comes to an end, TruckNews.com reached out to several trucking industry executives to ask about the biggest challenge their fleets will face in the coming year, and how…
Business Management Titanium achieves record Q3 results, despite softening market conditions November 8, 2022 Titanium Transportation grew consolidated revenue 11.5% year over year in the third quarter, to $113.4 million. Logistics segment revenue inched up 0.3% to $59.6 million while truck transportation revenue grew…
Business Management Titanium adds Montreal brokerage location November 6, 2022 Titanium Transportation has continued to grow its freight brokerage business with a new office in Montreal, Que. The Montreal office marks Titanium’s eighth freight brokerage in Canada and the U.S.
Business Management Titanium reports record first half, days after graduating to the TSX August 9, 2022 Titanium Transportation Group saw its net income explode more than 700% year over year in the second quarter, while achieving record first half results. Its consolidated revenue jumped 35.1% to…
Business Management Titanium posts record Q1 results May 17, 2022 Titanium Transportation smashed its revenue record in the first quarter, generating $136 million and producing $5.97 million in profit – a 410% year-over-year increase. Truck transportation revenue was up 26%…
Business Management Titanium achieves record revenue, but acquisition-related costs weigh on profit March 9, 2022 Titanium Transportation achieved record revenue of nearly $400 million in 2021, lifted by acquisitions and a strong freight market. But its profit slipped in the fourth quarter to $1.36 million,…
Business Management Titanium continues growing U.S. brokerage business with Atlanta office March 1, 2022 Titanium Transportation has added a fifth U.S. freight brokerage, based in Atlanta, Ga. “Our decision to invest and expand our freight brokerage service offering in the U.S. reflects our ‘asset-light’…