Titanium Transportation (TSE:TTNM) has released an update.
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Titanium Transportation Group has reported an 8.3% increase in Q1 2024 revenues to $115 million, with significant growth in its Truck Transportation segment, despite facing industry challenges and a decline in net income. The company has also improved its financial position by selling non-core land assets for $4.5 million, aiming to reduce debt. Moving forward, Titanium aims to capitalize on its U.S. expansion and proprietary technology for continued profitability.
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