G.O.D. Buys Titan Express
Guaranteed Overnight Delivery of Newark, N.J., has purchased Titan Express of Hillburn, N.Y., and will operate the company independently with no change in its management staff.
The purchase will allow GOD to expand and diversify its service offerings to shippers.
GOD operates a hub and spoke network in which all freight is picked up and delivered overnight. Titan uses a direct-load system in which freight moves from origin to destination without going through a hub.
Titan provides less-than-truckload and truckload freight service to 32 states and generates revenue of $13 million a year.
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"They handle much larger LTL shipments and their backhauls are oftentimes truckload shipments," said Lawrence Ravinett, vice president of marketing for GOD. "It’s another dimension for us. We’re geared to smaller shipments."
