Celadon

Trucking companies raise wages as driver shortage grows

September 25, 2014
Bloomberg News
Average driver wages may rise as much as 6 percent in 2014, said Kenny Vieth, president of Columbus, Indiana-based Americas Commercial Transportation Research Co.
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Celadon misses mark despite jump in revenue, profit

August 6, 2014
 IBJ Staff
Celadon Group Inc. on Wednesday afternoon reported surging profit and revenue in its latest quarter, but its performance fell short of analyst expectations.
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INDIANA 100: Indiana public companies turned in contrasting performancesRestricted Content

June 21, 2014
Kathleen McLaughlin, Chris O'Malley, Scott Olson, Anthony Schoettle
Profit shot up for some, while others fought setbacks.
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Celadon profit slips despite big jump in revenue

April 29, 2014
 IBJ Staff
Celadon CEO Paul Will said severe winter weather took its toll on the trucking company's quarterly financial results.
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Celadon to acquire Canadian trucking, rail firm

November 18, 2013
 IBJ Staff
The Indianapolis-based trucking firm plans to establish a foothold in the Canadian rail industry by acquiring N. Yanke Transfer Ltd., which posted $90 million in revenue in 2012.
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Celadon sees lower profit, but more business

October 28, 2013
 IBJ Staff
Revenue rose 14 percent in the latest quarter, but operating expenses were up significantly due to acquisitions, dragging down earnings.
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Celadon using free training to fight driver shortageRestricted Content

October 5, 2013
Kathleen McLaughlin
The trucking firm launched its in-house truck-driving school a year ago to boost the supply of drivers and, executives hope, cut down on turnover, which is 98 percent per year at the company, mirroring the industry average.
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Transportation, warehousing catch tailwindRestricted Content

September 28, 2013
Kathleen McLaughlin
Indiana’s transportation and warehousing industry employs more people now than before the recession, and observers think its growth will continue to outpace the nation’s.
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Celadon to pay $18.5M settlement over fatal crash

August 2, 2013
Jeff Newman
The Indianapolis-based trucking firm has agreed to pay $18.5 million to the families of two men who died in a multiple-vehicle accident involving a Celadon truck driver in northwest Indiana in February 2011.
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Celadon shares rise on better-than-expected results

July 30, 2013
 IBJ Staff
Celadon Group Inc.’s earnings fell 20 percent in its latest quarter, but revenue spiked and overall results topped analyst expectations.
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Trucking firms brace for impact of new driver-rest rules

July 19, 2013
Bloomberg News
New U.S. safety regulations requiring truckers to work shorter shifts may cut productivity, worsen a driver shortage and boost freight costs for the $8.4 trillion in goods hauled each year by American big rigs.
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Celadon acquires Canadian trucking company

May 23, 2013
 IBJ Staff
Hyndman Transport Limited, based in Wroxeter, Ontario, operates about 175 tractors and brought in roughly $48 million in revenue in 2012.
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Celadon's profit, revenue slide in latest quarter

April 25, 2013
 IBJ Staff
Celadon CEO Paul Will noted that the latest quarter had two fewer business days than the previous year's period and was hampered by heavy winter storms.
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Celadon says new driver-training facility to create 500 jobs

March 26, 2013
Jeff Newman
The Indianapolis-based trucking firm first announced plans for the driver-education center in January, but has since expanded the project and employment projections while seeking state incentives.
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Celadon, state plan major jobs announcement

March 25, 2013
 IBJ Staff
Indianapolis-based trucking carrier Celadon Group Inc. and the state are set to make an announcement Tuesday morning "regarding hundreds of new jobs." A source familiar with the deal said the announcement involves a previously announced driver education center.
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Celadon reports higher quarterly profit, revenue

January 24, 2013
The Indianapolis-based trucking company said profit increased to $7.4 million in the fourth quarter due to higher freight revenue and lower operating expenses.
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New Celadon CEO sharpening managementRestricted Content

January 19, 2013
Chris O'Malley
New Celadon Group CEO Paul Will wants to increase productivity at the trucking firm, not just through more sophisticated customer-relationship and tracking software, but also by improving the acumen of the company’s nearly 4,000 employees.
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Celadon receives incentives for $5.2M driving training center

January 16, 2013
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of its latest expansion at its east-side corporate campus.
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Celadon snaps up two more trucking companies

January 4, 2013
Chris O'Malley
The Indianapolis-based company's Celadon Trucking Services subsidiary has agreed to acquire Warren-based Rock Leasing Inc. in northeast Indiana and Wadley, Ala.-based Kelly Logistics Inc.
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Celadon plans $5.2M driver training center, 182 new jobs

January 2, 2013
Chris O'Malley
Indianapolis-based trucking carrier Celadon Group Inc. plans to build a $5.25 million driver-training center and add 182 workers to its 633-employee local work force by 2016.
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Celadon Group's quarterly profit jumps 50 percent

October 24, 2012
Indianapolis-based trucking company Celadon Group said fiscal first-quarter profit rose to $8.3 million due to higher freight revenue and lower operating expenses.
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PROXY CORNER: Celadon Group Inc.Restricted Content

October 13, 2012
 IBJ Staff
Indianapolis-based Celadon Group Inc. is a trucking company that provides long-haul, full-truckload freight service through Canada, the United States and Mexico.
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Celadon shares jump along with earnings expectations

October 8, 2012
Chris O'Malley
The Indianapolis trucking company expects its quarterly earnings to beat analysts' consensus forecast and last year's results, thanks to acquisitions and cost controls. Shares were up 9 percent at 1 p.m.
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Celadon reports big jump in earnings on higher revenue

July 30, 2012
 IBJ Staff
The Indianapolis-based trucking firm on Monday said earnings rose 63 percent, to $9 million, in the fiscal fourth quarter. Quarterly revenue rose 4 percent, to $157.5 million.
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Mexican big rigs shun border, imperiling trucking deal

May 24, 2012
Bloomberg News
A cross-border trucking pact that ended a 17-year trade dispute between the U.S. and Mexico last year may unravel unless more Mexican big rigs start crossing the border. Failure of the program could have an impact on trucking firms like Indianapolis-based Celadon Group Inc.
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