SHENZHEN, July 03, 2025 (GLOBE NEWSWIRE) -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has entered into a Share Purchase Agreement (the "SPA") to acquire 100% equity of Shenzhen Mingzhuchun Wine Co., Ltd. (“Mingzhuchun”), which operates its liquor distribution business through its two subsidiaries Xiamen Bainian Qianzhuang Wine Group Co., Ltd. and Ningde Mingfu Wine Co., Ltd. in ...

Core Points - Titanium Transportation Group Inc. announced the successful election of all nominees to the Board of Directors during the Annual General Meeting held on June 9, 2025 [1] - A total of 24,039,029 shares were represented at the meeting, accounting for 52.91% of the issued and outstanding common shares [3] - Shareholders approved the reappointment of KPMG LLP as the independent auditor for 2025 [3] Election Results - Ted Daniel received 23,970,752 votes in favor, representing 99.93% [2] - Lu Galasso received 23,934,523 votes in favor, representing 99.78% [2] - Bill Chyfetz received 21,801,241 votes in favor, representing 90.88% [2] - David Bradley received 21,920,983 votes in favor, representing 90.87% [2] - Grace Palombo received 21,822,494 votes in favor, representing 90.97% [2] Company Overview - Titanium is a leading transportation company in North America with approximately 850 power units, 3,000 trailers, and 1,300 employees and independent owner operators [4] - The company provides truckload, dedicated, and cross-border trucking services, logistics, and warehousing to over 1,000 customers [4] - Titanium has completed thirteen acquisitions since 2011 and has been recognized as one of Canada's Fastest Growing Companies for eleven consecutive years [4]

Core Viewpoint - Mingzhu Logistics Holdings Limited has regained compliance with Nasdaq Listing Rule 5550(a)(2) after maintaining a closing bid price of $1.00 or greater for twenty consecutive trading days [1][2]. Compliance and Monitoring - The Nasdaq Hearings Panel determined that the company has met the compliance requirements as of May 20, 2025, following a review of the company's stock performance [1][2]. - A Discretionary Panel Monitor will be imposed for one year to ensure the company addresses any future compliance concerns and maintains long-term compliance with Nasdaq's listing requirements [3]. Company Overview - Mingzhu Logistics Holdings Limited, established in 2002 and headquartered in Shenzhen, China, is a 4A-rated professional trucking service provider [4]. - The company offers tailored logistics solutions through a combination of self-owned fleets and subcontractors, leveraging its regional logistics terminals in Guangdong Province [4].

Consolidated revenue for Q1 2025 improved 7.5% year-over-year, to $121 million.Logistics revenue increased 17.6% year-over-year, driven by 9% volume growth, highlighting continued customer wins and the scalability of Titanium’s asset-light model.Strategic divestiture of non-core assets generated $1.7 million in proceeds, contributing to a stronger balance sheet with $10.7 million reduction in loans and lease liabilities, enhancing financial flexibility.Quarter-end cash totaled $18.3 million, up from $4.3 mi ...

Core Viewpoint - Titanium Transportation Group Inc. is set to release its financial results for the quarter ended March 31, 2025, on May 13, 2025, after market close, with a conference call scheduled for May 14, 2025, to discuss these results [1][2]. Company Overview - Titanium is a leading North American transportation company with asset-based trucking operations and logistics brokerages servicing Canada and the United States [3]. - The company operates approximately 850 power units, 3,000 trailers, and employs around 1,300 individuals, including independent owner-operators [3]. - Titanium provides truckload, dedicated, and cross-border trucking services, logistics, warehousing, and distribution to over 1,000 customers [3]. - The company has established both asset-based and brokerage operations across eighteen locations in Canada and the U.S. [3]. - Titanium has completed thirteen acquisitions since 2011, positioning itself as a recognized purchaser of asset-based trucking companies [3]. - The company was ranked among the top 500 companies in the Financial Times Americas' Fastest Growing Companies in 2020 and has been recognized as one of Canada's Fastest Growing Companies for eleven consecutive years [3].

Universal Logistics Holdings, Inc. (NASDAQ:ULH) Q1 2025 Earnings Conference Call April 25, 2025 10:00 AM ET Corporate Participants Tim Phillips - Chief Executive Officer Jude Beres - Chief Financial Officer Conference Call Participants Andrew Cox - Stifel Operator Hello and welcome to Universal Logistics Holdings First Quarter 2025 Earnings Conference Call. At this time all participants are in a listen-only mode. [Operator Instructions] A brief question-and-answer session will follow the formal presentation ...

Universal Logistics (ULH) Q1 2025 Earnings Call April 25, 2025 10:00 AM ET Company Participants Tim Phillips - CEO, President & DirectorJude Beres - CFOAndrew Cox - Research Associate Operator Hello, and welcome to Universal Logistics Holdings First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. During the course of this call, management may make forward looking statements ...