Titanium Transportation Group Recognized in Financial Times’ Brand-new Ranking of America’s Fastest-Growing Companies
BOLTON, Ontario, April 08, 2020 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX VENTURE:TTR) is pleased to announce it has been recognized on the inaugural Financial Times’ (“FT”) Americas ranking, earning the 490th spot with a three-year compound annual growth rate (“CAGR”) of 18.8%. The FT list of America’s Fastest-Growing Companies rank entrants from across the Americas by their CAGR in revenues between 2015 and 2018.
“We are honoured to be recognized by the Financial Times as one of the fastest growing companies in the Americas,” said Ted Daniel, CEO of Titanium. “This achievement is not only a testament to our strategic focus on our people and technology, but also reflects our commitment for responsible top-line growth. We expect our unwavering focus to deliver strong, sustainable and profitable long-term growth for our shareholders regardless of the challenges in the marketplace.”The FT Americas’ Fastest Growing Companies 2020 is a list of the top 500 companies in the Americas that have achieved the highest growth in revenues between 2015 and 2018. The FT list was compiled with Statista, a research company. It is a voluntary program; companies had to complete in-depth applications to Statista in order to qualify.The full list of winners, and accompanying editorial coverage, will be published on the May 12, 2020 issue of the Financial Times’ Special Report. The list is available online now at www.ft.com/reports/americas-fastest-growing-companiesAbout The Financial TimesFounded in 1888, The Financial Times is one of the world’s leading news organizations, recognized internationally for its authority, integrity and accuracy. The FT has a record paying readership of one million, three-quarters of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.About TitaniumTitanium is a leading asset-based transportation and logistics company servicing Canada and the United States, with approximately 475 power units, 1,400 trailers and 600 employees and independent owner operators. Titanium provides truckload, dedicated, and cross-border trucking services, freight logistics, and warehousing and distribution to over 1,000 customers. Titanium is a recognized consolidator of asset-based transportation companies in Ontario, having completed ten asset-based trucking acquisitions since 2011. Titanium has also been ranked by PROFIT magazine as one of Canada’s Fastest Growing Companies for eleven (11) consecutive years.CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTSCertain statements contained in this press release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking statements are provided for the purposes of assisting the reader in understanding Titanium’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward-looking information may relate to Titanium’s future outlook and anticipated events, and may include statements regarding the financial position, business strategy, budgets, litigation, projected costs, capital expenditures, financial results, taxes and plans and objectives of or involving Titanium. Particularly, statements regarding future acquisitions, the availability of credit, performance, achievements, prospects or opportunities for Titanium or the industry in which it operates are forward-looking statements. In some cases, forward-looking information can be identified by terms such as “may”, “might”, “will”, “could”, “should”, “would”, “occur”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “seek”, “aim”, “estimate”, “target”, “project”, “predict”, “forecast”, “potential”, “continue”, “likely”, “schedule”, or the negative thereof or other similar expressions concerning matters that are not historical facts.Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management’s perceptions of historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While management considers these assumptions to be reasonable based on currently available information, they may prove to be incorrect.The forward-looking statements made in this press release are dated, and relate only to events or information, as of the date of this press release. Except as specifically required by law, Titanium undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.CONTACT INFORMATIONTitanium Transportation Group Inc.
Ted Daniel, CPA, CA
Chief Executive Officer
www.ttgi.comFor Investor Relations
Jayson Moss, CFA