Celadon to Buy Rock Leasing and Kelly Logistics

Celadon to Buy Rock Leasing and Kelly Logistics

Celadon Trucking Services has agreed to acquire Rock Leasing and Kelly Logistics. The terms and conditions of the transactions were not disclosed.

In addition to its dry van business, Warren, Ind.-based Rock Leasing handles temperature-controlled shipments in and out of the Midwest, which enables Celadon to add this service category. Wadley, Ala.-based Kelly Logistics provides dedicated equipment spotting and shuttle services to customers in the Southeast.

Celadon said it will keep the Rock Leasing facility in Warren, which includes two warehouses on approximately 20 acres and about 150,000 square feet of warehouse space. Moreover, both Robert Seabolt from Rock Leasing and Guy Kelly from Kelly Logistics will remain with Celadon to help ensure an orderly transition.