Celadon

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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Celadon Group names new chief financial officer

April 30, 2012
Associated Press
Celadon Group Inc. announced Monday that it has named Eric Meek as executive vice president, chief financial officer and treasurer, effective immediately, as part of a succession-planning process.
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Celadon reports higher quarterly profit, revenue

April 24, 2012
 IBJ Staff
Celadon Group Inc. saw higher revenue and profit in its latest fiscal quarter, the Indianapolis-based trucking firm announced Tuesday night.
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Despite high jobless rate, trucking firms fight driver shortage

March 21, 2012
Bloomberg News
Trucking companies, including Indianapolis-based Celadon Group Inc., are struggling to find qualified drivers even as the U.S. unemployment rate remains at the highest level in almost 30 years.
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EEOC charges Celadon with discrimination

March 1, 2012
Scott Olson
The agency claims the Indianapolis trucking firm subjected job applicants to medical exams and failed to hire qualified driving candidates because of disabilities. Celadon CEO Steve Russell denies wrongdoing.
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Celadon sees jump in quarterly profit, revenue

January 25, 2012
 IBJ Staff
Indianapolis-based trucking firm Celadon Group Inc. earned $5.4 million in its latest quarter compared with $2.9 million in the same period in 2010.
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City signs off on Celadon tax abatements

January 4, 2012
The abatements will help the company build a $3.4 million, 36,000-square-foot office building at its far-east-side headquarters. Celadon also plans to add 100 jobs.
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Celadon plans expansion, $3.4M office building

December 16, 2011
Scott Olson
Celadon Group Inc. is seeking tax abatements from the city to build a $3.4 million office building at its far-east-side headquarters. The local trucking firm plans to hire 100 more employees by 2016.
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Celadon snub obscures other purchasesRestricted Content

October 29, 2011
Chris O'Malley
Celadon Group has swallowed, whole or in part, nine trucking firms in as many years. But the acquisition momentum lurched to a halt late this month like a semi stopped by a runaway-truck ramp when it was rebuffed by Arkansas-based USA Truck. Since then, Celadon hasn’t signaled its next move.
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Quarterly profit surges for trucking firm Celadon Group

October 27, 2011
 IBJ Staff
Celadon Group Inc.’s first-quarter profit grew nearly 23 percent, to $5.4 million, or 24 cents a share, on revenue of $141.5 million.
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Rival trucking firm not interested in Celadon merger

October 24, 2011
Cory Schouten
USA Truck Inc. has turned down a meeting with Indianapolis-based trucking rival and investor Celadon Group Inc. to discuss a possible merger.
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Celadon proposes merger with rival USA Truck

October 11, 2011
 IBJ Staff and Bloomberg News
Indianapolis-based Celadon has become USA Truck's seventh-largest investor with a $4.7 million purchase of shares. In a regulatory filing, the truckload carrier reported its interest in combining with its rival.
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  1. these guys only skill was to steal from other's hard earned savings.

  2. I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.

  3. For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.

  4. It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.

  5. Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.

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