Titanium Transportation (TSE:TTNM) has released an update.
Titanium Transportation Group has strengthened its financial position by selling off 21 acres of non-core land in Cornwall, Ontario for $4.5 million, with plans to use the proceeds to reduce its debt. The company’s CEO, Ted Daniel, suggests that this strategic move is aimed at optimizing asset mix and supporting future growth initiatives. Titanium Transportation is a significant player in the North American logistics and transportation sector, operating a sizeable fleet and employing over a thousand individuals.
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