Andy Corp. announced Wednesday that it has acquired an asset-based trucking company and a 3PL providing warehouse services. Financial terms of the transactions were not disclosed. The addition of Ontario-based JDW International and JMS Warehousing will add more than 60 trucks and 200,000 square feet of warehouse space to Andy Corp.’s network. The four locations acquired also include customs-bonded warehousing and nine acres of outdoor storage. JDW specializes in truckload (expedited, dedicated and flat ...

Sanmina Corporation (NASDAQ:SANM) is one of Billionaire Ken Fisher’s 15 Most Notable Moves for 2026. Sanmina Corporation (NASDAQ:SANM) is another smart AI play by Fisher. His fund first purchased a stake in the company in the third quarter of 2025, buying nearly 167,000 shares at an average price of around $112. In the filings for the fourth quarter of 2025, the fund increased this stake by close to 300%, amassing over 650,000 shares. In November 2025, Fisher discussed his views on the overall AI landscap ...

MercadoLibre, Inc. (NASDAQ:MELI) earns a place on our list of 13 stocks with consistent growth to buy right now. Morgan Stanley Bullish on MercadoLibre (MELI) Despite Reductions in 2026 and 2027 EBIT Estimates As of March 11, 2026, almost all of the covering analysts maintain bullish ratings for MercadoLibre, Inc. (NASDAQ:MELI). With a consensus price target of $2,650.00, the stock boasts an upside potential of approximately 60%. On March 9, 2026, while keeping an “Overweight” rating, Morgan Stanley ana ...

Core Viewpoint - Titanium Transportation Group Inc. has received approval from its shareholders for a proposed plan of arrangement involving TTNM Management Acquisition Limited, which will result in the acquisition of all outstanding common shares for cash consideration of $2.22 per share [1][2]. Shareholder Approval - The special resolution for the transaction required a two-thirds affirmative vote from shareholders present or represented by proxy, and it was approved by 98.82% of the votes cast by shareholders and 95.51% of the votes cast by minority shareholders [3]. Transaction Details - The transaction will see the purchaser acquire all issued and outstanding common shares, excluding those owned by rollover shareholders, who will exchange their shares for common shares in the purchaser [2]. - The transaction is expected to be effective by the end of March 2026, pending a final order from the Ontario Superior Court of Justice and the satisfaction of customary closing conditions [4]. Post-Transaction Implications - Following the completion of the transaction, Titanium's common shares are expected to be delisted from the Toronto Stock Exchange, and the company will apply to cease being a reporting issuer under Canadian securities laws [4]. Company Overview - Titanium is a North American transportation company with approximately 775 power units, 2,800 trailers, and 1,300 employees, providing various trucking and logistics services to over 1,000 customers [7]. - The company has a history of growth, having completed 13 acquisitions since 2011 and being recognized among Canada's fastest-growing companies for multiple consecutive years [7].

Financial Data and Key Metrics Changes - For the full year 2025, revenue increased by 39% to $2.5 billion, with Q4 revenue rising 40% year-over-year to $723 million [5][12] - Net revenue retention (NRR) reached a record 124%, up from 116% in 2024 [5][12] - Existing brand partner revenue was $2.2 billion, up 42% year-over-year, while new brand partner revenue was $282 million, up 22% year-over-year [12][16] - Adjusted EBITDA for the full year was $153 million, reflecting a 6.1% adjusted EBITDA margin, which is a 52% growth year-over-year [16] Business Line Data and Key Metrics Changes - International revenue increased by 63% for the full year and surged 69% in Q4 year-over-year [5][6] - Non-Amazon revenue grew 60% for the full year and 94% in Q4 [5][14] - SaaS services and logistics grew 58% for the full year and an impressive 162% in Q4 [6][11] Market Data and Key Metrics Changes - The company operates in over 70 marketplaces worldwide, with significant growth in non-Amazon channels such as Coupang, TikTok Shop, and Walmart [14][30] - 39% of the sales pipeline is coming from outside the Americas, indicating a strong international growth opportunity [30] Company Strategy and Development Direction - The company aims to optimize the e-commerce equation, remove friction for brands, and deliver measurable outcomes at scale [23] - There is a focus on expanding technology-driven optimization, new marketplaces, and product depth to drive growth [12][14] - The company plans to invest in R&D to strengthen its technology moat in AI-driven technology and automation [20] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in the ability to create long-term value for brand partners and shareholders, entering 2026 with strong momentum [11][23] - The company anticipates revenue in the range of $3.12 billion to $3.16 billion for 2026, representing a 25%-26% growth [18][20] - Management acknowledged potential challenges in the second half of 2026 due to difficult comparisons with previous growth rates [19] Other Important Information - The company announced a share repurchase program of up to $100 million, reflecting confidence in its growth and profitability [17][52] - The operational efficiency improved, with Days Inventory Outstanding (DIO) reducing to 72 days, a 10-day reduction year-over-year [11] Q&A Session Summary Question: How much of the growth in 2026 is from existing brand partners? - Management indicated that growth is driven by both existing and new brand partners, with a strong pipeline of $460 billion in target opportunities [25][27] Question: What is the momentum around non-Amazon channels? - Management believes that growth in non-Amazon channels will continue to be a tailwind, as they have only recently expanded into that space [29] Question: What are the top areas of product innovation? - Management highlighted that the roadmap for product innovation is exciting, focusing on optimizing the e-commerce formula for brands [34] Question: How is AI changing productivity and international growth? - Management noted that AI is fundamentally reshaping e-commerce and improving efficiencies, which will significantly impact international growth [42][44] Question: What is the expectation for variable costs in Q1? - Management explained that variable costs typically increase in Q4 due to seasonality, but they expect to maintain leverage in the future [50][51] Question: What is the strategy for the buyback program? - Management stated that the buyback program is part of a broader capital allocation strategy, focusing on growth and M&A opportunities [52]

Core Viewpoint - Titanium Transportation Group Inc. has received recommendations from independent proxy advisory firms, including Institutional Shareholder Services (ISS), for shareholders to vote in favor of a special resolution to approve a plan of arrangement where TTNM Management Acquisition Limited will acquire all outstanding common shares for cash consideration of $2.22 per share [1][3]. Company Overview - Titanium Transportation Group Inc. is a leading North American transportation company providing asset-based trucking operations and logistics services across Canada and the United States, operating approximately 775 power units and 2,800 trailers [11]. - The company has established both asset-based and brokerage operations with eighteen locations and serves over 1,000 customers [11]. - Titanium has completed thirteen acquisitions since 2011 and has been recognized as one of Canada's fastest-growing companies for eleven consecutive years [11]. Transaction Details - The Arrangement Resolution will be voted on at a special meeting of shareholders scheduled for March 10, 2026 [2][6]. - The cash consideration of $2.22 per common share represents a premium and is viewed as a reasonable outcome compared to other alternatives given the company's current share ownership structure [3][4]. - The special committee of independent directors and the board of directors unanimously recommend that shareholders vote in favor of the Arrangement Resolution after receiving legal and financial advice [4]. Voting Information - Shareholders are encouraged to vote before the proxy voting deadline of March 6, 2026, at 9:00 a.m. (Toronto time) [7][9]. - The meeting will take place in person at the offices of Miller Thomson LLP in Toronto [6]. Rollover Shareholders - Certain employees holding a total of 1,249,350 common shares have agreed to roll over their shares in exchange for shares in the capital of the purchaser, which will be excluded from the minority approval vote [10]. - This rollover represents approximately 53.24% of the total common shares entitled to vote at the meeting [10].

Company Overview - Knight-Swift Transportation Holdings Inc. is one of North America's largest trucking and logistics companies, operating a fleet of over 18,000 tractors and nearly 68,000 trailers, providing various freight transportation services [4] - The company has 35,300 employees and reported a revenue of $7.47 billion and a net income of $65.95 million for the trailing twelve months (TTM) [3] Recent Developments - The stock has shown consistent positive performance, with a 10.54% price change over the past year and four consecutive months of price gains, increasing by 7.7% as of February 14, 2026 [3][5] - On February 12, 2026, the company announced a 2-cent increase in quarterly dividends, now paying $0.20 per quarter, marking the seventh consecutive year of dividend increases [6] Executive Activity - Michael K Liu, EVP - Operations, sold 1,243 directly held shares on February 4, 2026, for a total transaction value of $75,661.41, fully exiting his direct equity position [1][2] - This sale was the smallest of Liu's four open-market sales since May 2023, and it did not involve any indirect holdings or derivative instruments [7] Industry Context - CEO Adam Miller expressed "cautious optimism" about the trucking industry, highlighting challenges due to a federal crackdown on non-compliant CDL training schools, which affects approximately 44% of registered schools [8][9] - The crackdown is expected to rebalance supply and demand in the trucking industry positively [9]

In response to a question about whether industry capacity is tightening, Mullen cautioned that January is “really difficult” to use as a read-through because of post-holiday spending patterns and weather disruptions in Eastern Canada. He said the company had not yet seen evidence in Canada that capacity had tightened “in a meaningful way,” and suggested March would be a more telling period for gauging demand recovery.Looking ahead, Mullen tied the prospect of “record earnings” to an eventual rebound in the ...

Core Viewpoint - Titanium Transportation Group Inc. is moving forward with a plan of arrangement to be approved by shareholders, where TTNM Management Acquisition Limited will acquire all outstanding common shares for cash consideration of $2.22 per share, representing a significant premium to recent trading prices [2][4][6]. Company Overview - Titanium Transportation Group Inc. is a North American provider of transportation and logistics services, operating approximately 775 power units, 2,800 trailers, and employing around 1,300 individuals [15]. - The company has established operations in both Canada and the U.S., servicing over 1,000 customers with various trucking and logistics services [15]. Transaction Details - The cash consideration of $2.22 per common share represents a 41% premium to the closing price on January 14, 2026, and a 42% premium to the 20-day volume-weighted average price (VWAP) for the same period [6]. - The transaction is structured to provide shareholders with immediate liquidity and certainty of value, as it is not subject to any financing conditions [6][7]. Board and Committee Recommendations - The Special Committee and the Board of Directors unanimously recommend that shareholders vote in favor of the transaction, having determined it to be in the best interests of the company [4][5]. - The Board's recommendation is based on a thorough review of various factors, including a formal valuation and fairness opinion provided by National Bank Financial Inc. [14]. Meeting and Voting Information - A special meeting for shareholders is scheduled for March 10, 2026, with a proxy voting deadline of March 6, 2026 [9][10]. - Shareholders are encouraged to vote in advance and can seek assistance from Titanium's proxy solicitation agent [5]. Legal and Regulatory Approvals - An interim order from the Ontario Superior Court of Justice has been granted to facilitate the meeting and transaction procedures [11]. - An advance ruling certificate under the Competition Act has also been issued, satisfying regulatory conditions for the transaction [12]. Shareholder Support - Trunkeast Investments Canada Limited, the largest shareholder, has provided an unconditional guarantee for the purchaser's obligations and has agreed to vote in favor of the transaction [14]. - Rolling shareholders, who own approximately 50.5% of the outstanding common shares, have entered into voting and support agreements [14].

Group 1 - Copart, Inc. (NASDAQ:CPRT) has announced a new $1.25 billion unsecured senior revolving credit facility to enhance its financial flexibility, which will support acquisitions, capital expenditures, share repurchases, and global expansion initiatives [2] - The new credit facility replaces the previous one and includes options for two one-year extensions, maturing on January 23, 2031, and allows for an incremental facility of up to $500 million [2] - Prior to this financing decision, Copart's share price fell to a 52-week low of $38.17, marking a 30.49% decline over the previous year, reflecting investor caution in the auto-remarketing space [3] Group 2 - Despite the recent decline in share price, 60% of analysts maintain bullish ratings on Copart, indicating moderately constructive sell-side sentiment [3] - The stock has a consensus price target of $47.00, suggesting an upside potential of approximately 15.82%, which could contribute to long-term value creation as market conditions stabilize [4] - Copart operates a global online vehicle auction marketplace, providing remarketing, inspection, logistics, and vehicle processing services to various stakeholders including insurers and dealers [4]