Although a large carrier, Celadon’s fleet size and revenue are just drops in the US truckload bucket. The biggest impact of its bankruptcy may be in Mexico.
Celadon Group news and analysis. Get the latest news about Celadon Group and the trucking industry.
05 Jul 2012
Trucking operator Saia didn’t have to look far for a logistics company to buy — Robart Transportation
18 Jun 2012
Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity, according to a report.
08 Jun 2012
Celadon Trucking acquired a portion of the equipment of Hiner Transport, a truckload carrier based in Huntington, Ind. Terms of the deal were not disclosed.
28 May 2012
02 Mar 2012
The U.S. Equal Employment Opportunity Commission is suing Celadon Trucking for allegedly requiring prospective employees submit to illegal medical tests.
02 Mar 2012
Celadon Trucking will get trucks, trailers and, perhaps most important, badly needed truck drivers from its purchase of Teton Transportation’s assets.
26 Jan 2012
Tight capacity, rate hikes and acquisitions helped Celadon Group boost net profit 86.2 percent in the last quarter despite a less than 1 percent rise in freight revenue.
10 Jan 2012
The world’s largest retailer, $419 billion Wal-Mart Stores, is also one of its largest shippers, managing a transportation network supplying roughly 4,500 Walmart and Sam's Club stores in the U.
15 Dec 2011
Less-than-truckload giant YRC Worldwide is getting out of the truckload business, selling most of the assets of unprofitable truckload subsidiary Glen Moore to Celadon Trucking, a fast-growing trucklo
27 Oct 2011
Celadon Trucking’s freight revenue dropped 6 percent in the third quarter, but the truckload carrier’s profit rose 23 percent as tighter cost controls and higher pricing improved yield.
24 Oct 2011
Truckload carrier USA Truck rejected merger talks with larger rival Celadon Group despite falling back into the red with a $4.3 million third-quarter loss.
20 Oct 2011
Shortly after buying a stake in rival USA Truck, Celadon Group is purchasing the dry van assets of FFE Transpo
12 Oct 2011
Celadon Group purchased a 6.3 percent stake in rival truckload carrier USA Truck for $4.7 million, raising the prospect of a merger between the competitors.
01 Sep 2011
Truckload carrier Celadon Group increased its credit facility to $100 million and reset its credit terms as it eyes future acquisitions and internal investment.
27 Jul 2011
Truckload carrier Celadon Group more than doubled its profit in the second quarter despite a 1.2 percent drop in freight revenue to $115.3 million.
05 May 2011
Winter weather, low West Coast demand and rising costs contributed to a $2.5 million first quarter net loss at truckload carrier Covenant Transportation.
14 Mar 2011
Stephen Russell, chairman and CEO of Celadon Group, is selling about 15 percent of the stock he owns in the truckload carrier, the company said Monday.
26 Jan 2011
Truckload carrier Celadon Group’s net profit increased to $2.9 million in its last quarter, nearly triple its net income a year ago of $1 million.
04 Jan 2011
The nation’s largest truckload carriers are carefully matching capacity to demand and appear likely to keep supply tight baring a sharp spike in freight shipping, according to an analysis of fle
10 Dec 2010
Celadon Group secured a $50 million, five-year revolving credit facility from Bank of America, giving the truckload carrier increased liquidity and financing flexibility.
27 Oct 2010
Tight truckload capacity, higher rates and new customers helped Celadon Group roar back from the depths of the recession in the third quarter of 2010.
02 Aug 2010
Celadon Group's annual profit soared 83 percent last year, boosted by increased demand, diminished capacity and more cross-border traffic with Mexico.
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