Titanium achieves record revenue, but acquisition-related costs weigh on profit

Titanium Transportation achieved record revenue of nearly $400 million in 2021, lifted by acquisitions and a strong freight market. But its profit slipped in the fourth quarter to $1.36 million, down 35% year over year, due to non-recurring costs related to the acquisition of ITS. Full year profit was $5.04 million, down 19.6% year over […]

Source: Truck News

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