Trucking news and briefs for Tuesday, Feb. 17, 2026:
Titanium parent company plans to go private
Titanium Transportation Group Inc., parent company of Bolton, Ontario-based Titanium Trucking (CCJ Top 250, No. 189), has filed a notice to its shareholders regarding an upcoming meeting related to its plan for TTNM Management Acquisition Limited to purchase the company’s shares and take the company private.
The filing of the management information circular sets the stage for a special meeting of shareholders on March 10, to vote on the all-cash acquisition.
Under the terms of the agreement, TTNM Management Acquisition Limited will acquire all outstanding common shares for $2.22 per share in cash – a 41% premium over the closing price on January 14, 2026, when the deal was announced.
Notably, a group of "Rolling Shareholders" – including the company’s largest investor, Trunkeast Investments Canada Limited, and members of senior management – will not receive the cash consideration. Instead, they will exchange their holdings for equity in the new purchasing entity. This group currently controls approximately 50.5% of Titanium’s outstanding shares and has already pledged to vote in favor of the deal.
Both the Board of Directors and a Special Committee of independent directors have unanimously recommended that shareholders vote in favor of transaction. Their recommendation is backed by a formal valuation and fairness opinion from National Bank Financial Inc.
The special meeting will take place at 9 a.m. Eastern time in Toronto. Shareholders of record as of January 30, 2026, are eligible to vote and must submit their proxies by March 6, 2026. If approved, the transaction is expected to close in late March.
NationaLease opened 31 new locations in 2025
Despite the challenges in a year marked by uncertainty, NationaLease opened 31 new service locations across its North American network in 2025 to further support customers across the United States and Canada.
Facilities were opened in 25 states and three provinces across the continent.
“Opening new locations is always good news for our customers and shows that despite the numerous headwinds the transportation industry faced in 2025, we’ve still found a way to be successful and expand our network of support,” said Dean Vicha, President of NationaLease. “Our customers trust that no matter where they’re running trucks, they’ll be taken care just as well as back home.”
Vicha continued, “We’re excited about how 2026 is shaping up and look forward to continue expanding and improving how we serve and support these companies.”
Full list of service locations added in 2025:
- Georgiana, Alabama
- Rogers , Arkansas
- Kelowna, British Columbia
- Langley, British Columbia
- Lathrop, California (two locations)
- Denver, Colorado
- Monument, Colorado
- Felton, Delaware
- Lakeland, Florida
- LaGrange, Georgia
- South Fulton, Georgia
- Antioch, Illinois
- Aurora, Illinois
- Melrose Park, Illinois
- Pendleton, Indiana
- Emporia, Kansas
- Jenison, Michigan
- Columbia, Missouri
- Kahoka, Missouri
- Charlotte, North Carolina
- Omaha, Nebraska
- Manchester, New Hampshire
- Linden, New Jersey
- Las Vegas, Nevada
- Columbus, Ohio (two locations)
- Sharonville, Ohio
- Toledo. Ohio
- Cornwall, Ontario
- Guelph, Ontario
- Woodstock, Ontario
- Howard, Pennsylvania
- Hubbard, Pennsylvania
- Ascot Corner, Quebec
- BĂ©cancour. Quebec
- Saint-Georges, Quebec
- Trois-Rivieres, Quebec
- Clinton, South Carolina
- Knoxville, Tennessee
- Midlothian, Texas
- Manassas, Virginia
- Union Gap, Washington
- Milwaukee, Wisconsin
- Wausau, Wisconsin
