Truck News


  • 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

  • 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 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

  • Titanium outsources North Bay shop

    April 27, 2016 7:06AM by Truck News

    NORTH BAY, Ont. — Titanium Transportation Group announced it has outsourced its on-site North Bay mechanic shop to Lewis Motor Sales. The shop was acquired as part of Titanium’s acquisition of ProNorth Transportation. Lewis Motor Sales is a third-party franchise

  • Titanium orders 145 new Volvos

    December 16, 2015 8:34AM by Truck News

    WOODBRIDGE, Ont. — Titanium Transportation Group announced it will take delivery of 145 new Volvo trucks in 2016. Ninety-five Volvo VNL 670 trucks have already been delivered and another 145 will be received in 2016, the company announced. Titanium says

  • Titanium to move into new Caledon headquarters

    August 17, 2015 9:24AM by Truck News

    CALEDON, Ont. — Titanium Transportation Group has entered into a lease for construction of a new facility in Caledon. The new headquarters will be based at 12725 Coleraine Drive, Caledon. It will accommodate Titanium’s head office operations and will also

  • Titanium posts Q2 loss due to one-time costs, Muskoka acquisition

    August 12, 2015 8:51AM by Truck News

    WOODBRIDGE, Ont. — Fast-growing Titanium Transportation Group posted a Q2 loss of about $1.36 million, despite growing its revenue by 90%. During the first six months of 2015, the company lost $616,944 compared to a net income of $1.085 million

  • Titanium Group to bring in 240 new Volvos

    July 15, 2015 8:06AM by Truck News

    WOODBRIDGE, Ont. — Titanium Group has announced it’s adding 240 new Volvo VNL 670 trucks to its fleet. The first shipments have already arrived, with the company scheduled to take delivery of 140 this year and in early 2016. It