Titanium Transportation Group Announces Quarterly Dividend
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Titanium Transportation Group Announces Quarterly Dividend
The Board of Directors of Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF) has declared a quarterly dividend of $0.02 per common share, payable on September 16, 2024, to shareholders of record at the close of business on August 30, 2024. The amount of the dividend is consistent with the Company’s previous dividend.
About Titanium Transportation Group
Titanium is a leading transportation company in North America, offering asset-based trucking operations and logistics services throughout Canada and the United States. With a substantial fleet of approximately 900 power units and 3,000 trailers, backed by a dedicated team of 1,300 employees and independent owner-operators, Titanium provides diverse trucking solutions.
Services Offered by Titanium
The Company specializes in truckload, dedicated, and cross-border trucking services. In addition to these services, Titanium also offers logistics, warehousing, and distribution services to over 1,000 customers. This wide-ranging service offering demonstrates Titanium's flexibility and capacity to meet various transportation needs.
Growth and Expansion
Titanium has established both asset-based and logistics brokerage operations across eighteen locations in both Canada and the U.S. The Company is recognized for its ability to effectively acquire asset-based trucking companies, having successfully completed thirteen transactions since 2011. This strategic approach to growth has solidified Titanium's position as a key player in the transportation industry.
Awards and Recognition
In 2020, Titanium ranked among the top 500 companies in the inaugural Financial Times Americas’ Fastest Growing Companies list. The Company has been recognized by Canadian Business as one of Canada’s Fastest Growing Companies for eleven consecutive years. Additionally, Titanium was honored as one of Canada’s Top Growing Companies by the Globe and Mail’s Report on Business for three consecutive years.
Market Presence
Titanium is publicly traded on the Toronto Stock Exchange under the symbol “TTNM” and also trades as “TTNMF” on the OTCQX. This market presence reflects the Company’s steadfast commitment to growth and operational excellence in a competitive industry.
Contact Information
For more information, reach out to the following representatives of Titanium Transportation Group Inc.:
Ted Daniel, CPA, CA
Chief Executive Officer
(905) 266-3011
ted.daniel@ttgi.com
For Investors:
James Bowen, CFA
416-519-9442
James.Bowen@loderockadvisors.com
Frequently Asked Questions
What is the amount of the declared quarterly dividend?
The declared quarterly dividend is $0.02 per common share.
When is the dividend payable?
The dividend is payable on September 16, 2024.
Who should I contact for more information about Titanium Transportation Group?
You can contact Ted Daniel, the CEO, at (905) 266-3011 or via email at ted.daniel@ttgi.com for more information.
What types of services does Titanium offer?
Titanium provides truckload, dedicated, and cross-border trucking services, along with logistics, warehousing, and distribution services.
On which exchanges is Titanium listed?
Titanium is listed on the Toronto Stock Exchange as “TTNM” and also trades on the OTCQX as “TTNMF.”
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