Benoit Poirier states, “TTR is a Canadian-based trucking company involved in truckload and logistics. Following a successful RTO last spring and the completion of eight acquisitions, we expect TTR to leverage its expertise in acquiring and turning around low-margin companies within the fragmented Canadian trucking industry. We believe TTR is a compelling story and that the stock could be worth C$8 in the long term.”
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Titanium is a leading asset-based transportation and logistics company servicing Canada and the United States, with approximately 450 power units, 1,200 trailers and 550 employees and independent owner operators. Titanium provides truckload, dedicated, and cross-border trucking services, freight logistics, and warehousing and distribution to over 1000 customers. Titanium is a recognized consolidator of asset-based transportation companies in Ontario, having completed eight asset-based trucking acquisitions since 2011. Titanium has also been ranked by PROFIT magazine as one of Canada’s Fastest Growing Companies for seven consecutive years.