WOODBRIDGE, ON. — Business has been gangbusters so much for one fleet, earlier named one of Canada’s fastest growing companies, that it has now set a record.
Titanium Logistics Inc. achieved record-high unaudited monthly sales in April, totaling more than $3.5 million, according to its parent, Titanium Transportation Inc.
“Titanium Logistics continues to break new sales records in 2015 after posting record growth in 2014,” said Ted Daniel, CEO. “Titanium Logistics utilization of leading edge customized technology continues to result in the addition of new large national and multinational clients.”
Earlier reports show Titanium’s logistics division had audited annual sales of $29 million in 2014 and $16.6 million in 2013.
Titanium Transportation’s consolidated pro forma revenue for 2014 was $104.2 million, which includes the acquisition of Muskoka Transport Ltd. this past March.
Titanium has been ranked by Profit magazine as one of Canada’s fastest growing companies for six consecutive years as of last June.
The asset-based transportation and logistics company serves Canada and the U.S. with over 325 power units, approximately 1,100 trailers and more than 400 employees.
Titanium provides truckload, dedicated, cross-border trucking services, freight logistics, along with warehousing and distribution services.
It has completed seven asset-based trucking acquisitions since 2011.