Second consecutive quarter of positive operating income in both Trucking and Logistics.
Logistics revenue up 3.3% year-over-year to $63.0M, driven by U.S. volume growth.
Operating income: $2.224M; EBITDA: $8.906M; EBITDA margin: 8.7%.
Titanium Transportation Group Inc. (OTC:TTNMF; TSX:TTNM) is a North American trucking and logistics provider with a disciplined focus on pricing and asset management. The company continues to emphasize growth in its logistics segment while maintaining operational efficiency across its asset-based trucking network.
In Q3 2025, Titanium reported consolidated revenue of $115.7M (vs. $118.4M in Q3 2024) and achieved positive operating income in both segments for a second straight quarter. Logistics revenue increased 3.3% YoY to $63.0M, while Truck Transportation revenue was $53.8M. Operating cash flow rose to $9.5M (from $7.0M a year ago), debt was reduced by $8.9M, and cash on hand reached $20.7M at quarter-end.
Profitability metrics reflected continued discipline: operating income was $2.224M, and EBITDA was $8.906M with an 8.7% EBITDA margin. On the bottom line, net income was $0.56M and diluted EPS was $0.01, an improvement from a loss in the prior year.
Despite the modest top-line decline, Titanium maintained margin discipline. Management reiterated priorities around balance-sheet strength and execution. Guidance for the next quarter calls for revenue of $112M–$117M and EBITDA margin of 8.5%–9.5%.
