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Friday, March 1, 2024

Update on the Titanium Acquisition of ProNorth

Titanium Transportation Group announced an update of its integration of ProNorth Transportation, which it acquired on December 1, 2015.

Titanium said the following highlights operational improvements that have been implemented at ProNorth:

Ongoing modernization and integration of IT infrastructure including satellite and equipment monitoring, software customization and dispatch optimization

Operating cross-border routes out of Titanium’s Woodbridge terminal allowing for further efficiencies

Cross-selling of Titanium flatbed customers and ProNorth van shipping customers

Replacing aging equipment with new Volvo VNL 670’s and dry vans

Reducing costs due to Titanium’s access to low cost financing, lower insurance rates and head office integration

“The integration of ProNorth is on schedule and we are on track to increase margins to levels consistent with our Truck Transportation division,” said Ted Daniel, CEO of Titanium. “We are actively pursuing additional acquisitions and are fully funded to execute our acquisition strategy in 2016.”