Celadon Group

Celadon Group

Covenant Transportation Group is a freight transportation and logistics services company that offers services in truckload and intermodal freight transportation, logistics, freight brokerage, factoring services, as well as tractor/trailer sales and leasing. Founded in 1986 with headquarters in Chattanooga, Tennessee, the company reported 2013 revenue of $685 million, up 1.5 percent year-over-year. The company also reported net income of $5.24 million, down 13.5 percent from the previous year’s net income of $6.06 million.

Covenant Transportation Group and its subsidiaries — Covenant Transport, Southern Refrigerated Transport, Star Transportation, Covenant Transport Solutions, Transport Financial Solutions and Transport Enterprise Leasing — employ 4,202 individuals and operate a fleet of 2,688 tractors and 6,861 trailers. The freight carrier provides its services to the continental United States.

Celadon tractor
30 Jul 2015
A successful acquisition strategy, the opening of new driver schools and expanded capacity drove Celadon Group’s revenue to a historic high mark in the 2015 fiscal year ending June 30.
02 May 2015
More driving schools, acquisitions and an expanded owner-operator fleet helped Celadon Trucking field more capacity and increase revenue and profit in the first quarter.
13 Nov 2014
The third quarter was good to practically all the publicly owned U.S. trucking companies: none reported losses, and their combined revenue rose 10.7 percent to more than $10 billion, supported by a second quarter of stronger freight demand and economic growth.
31 Oct 2014
Celadon Trucking put more drivers on U.S. highways in the last quarter, and those truckers brought back more revenue and profits for the carrier.
28 Oct 2014
Celadon Trucking acquired A&S Services Group, a regional truckload carrier and port drayage operator with a
Knight Transportation tractor-trailer
01 Oct 2014
Strategic acquisitions in the U.S. trucking field continue as truckload carrier Knight Transportation grabs Barr-Nunn for $112.4 million.