Titanium Transportation Group Declares Quarterly Dividend
The Board of Directors of Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF) has announced a quarterly dividend of $0.02 per common share. This dividend will be paid on September 16, 2024, to shareholders who are on record as of the close of business on August 30, 2024. This amount remains consistent with the Company’s previous dividends.
About Titanium Transportation Group
Titanium is a prominent transportation company operating in North America, providing asset-based trucking and logistics services across Canada and the United States. The Company boasts a significant fleet comprising around 900 power units and 3,000 trailers, supported by a dedicated workforce of 1,300 employees and independent owner-operators, allowing Titanium to deliver a variety of trucking solutions.
Services Provided by Titanium
The Company focuses on truckload, dedicated, and cross-border trucking services. In addition to these offerings, Titanium also provides logistics, warehousing, and distribution services to over 1,000 customers. This extensive range of services highlights Titanium's adaptability and capability to cater to diverse transportation requirements.
Growth and Expansion
Titanium has developed both asset-based and logistics brokerage operations across eighteen locations in Canada and the U.S. The Company is well-known for its effective acquisition of asset-based trucking firms, having successfully completed thirteen transactions since 2011. This strategic growth approach has reinforced Titanium's status as a significant player in the transportation sector.
Awards and Recognition
In 2020, Titanium was listed among the top 500 companies in the inaugural Financial Times Americas’ Fastest Growing Companies report. The Company has also been recognized by Canadian Business as one of Canada’s Fastest Growing Companies for eleven consecutive years. Furthermore, Titanium received accolades 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 ticker symbol “TTNM” and also trades as “TTNMF” on the OTCQX. This presence in the market underscores the Company’s ongoing commitment to growth and operational excellence in a competitive landscape.
Contact Information
For further inquiries, please 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 Investor Relations:
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 reach out to 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, as well as 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.”
