Titanium Transportation continues its U.S. expansion, securing its seventh freight brokerage there in Jacksonville, Fla.
Those locations complement three in Canada, bringing its total to 10.
“Today’s announcement re-affirms our commitment to U.S. expansion in our asset-light brokerage business and places us in a strong position to achieve our goal of opening 10 U.S. locations by the end of 2024,” Titanium CEO Ted Daniel said in a release.
“Brokerage services continue to be an attractive driver of our business and we are committed to strategically expanding our footprint. Jacksonville has a strong manufacturing sector with proximity to the I-95 and I-10 corridor, making it an ideal location for expansion. By leveraging our technology and systems, in addition to low start-up costs, our U.S. brokerage expansion will drive strong return on invested capital and organic growth.”
Operations in Jacksonville are slated to begin in the first quarter of 2024.
Credit: Source link
