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Trucking
Celadon's profit, revenue slide in latest quarter
April 25, 2013
IBJ StaffCeladon 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.
MoreCeladon says new driver-training facility to create 500 jobs
March 26, 2013
Jeff NewmanThe 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.
MoreCeladon 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.
MoreNew Celadon CEO sharpening management
January 19, 2013
Chris O'MalleyNew 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.
MoreCeladon 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.
MoreCeladon snaps up two more trucking companies
January 4, 2013
Chris O'MalleyThe 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.
MoreCeladon plans $5.2M driver training center, 182 new jobs
January 2, 2013
Chris O'MalleyIndianapolis-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.
MoreCeladon 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.
MoreCeladon shares jump along with earnings expectations
October 8, 2012
Chris O'MalleyThe 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.
MoreIU researchers question economics of diesel hybrids
July 21, 2012
Fuel savings and environmental benefits might not be worth the higher cost of such vehicles.
MoreMexican big rigs shun border, imperiling trucking deal
May 24, 2012
Bloomberg NewsA 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.
MoreCeladon Group names new chief financial officer
April 30, 2012
Associated PressCeladon 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.
MoreCeladon reports higher quarterly profit, revenue
April 24, 2012
IBJ StaffCeladon Group Inc. saw higher revenue and profit in its latest fiscal quarter, the Indianapolis-based trucking firm announced
Tuesday night.
MoreDespite high jobless rate, trucking firms fight driver shortage
March 21, 2012
Bloomberg NewsTrucking 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.
MoreTrucking firms shunning costly clean-burning engines
March 3, 2012
Chris O'MalleyTrucking fleets, already buckling under higher costs for insurance and fuel, are finding ways around new rules that nearly
eliminate nitrogen oxides and particulate matter but also sent prices of new trucks soaring.
MoreEEOC charges Celadon with discrimination
March 1, 2012
Scott OlsonThe 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.
MoreWheaton acquiring residential mover Bekins
February 11, 2012
Chris O'MalleyWheaton World Wide Moving is buying the nation’s oldest and one of its largest household movers, Bekins Van Lines. The
deal is expected to bring 38 jobs to Wheaton’s northeast-side headquarters.
MoreCeladon sees jump in quarterly profit, revenue
January 25, 2012
IBJ StaffIndianapolis-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.
MoreEx-Peterbilt dealer hauls trailer manufacturer to court
January 10, 2012
Chris O'MalleyA longtime Indianapolis-based Peterbilt dealer is suing California-based Utility Trailer Manufacturing Co. for allegedly blocking
the sale of the dealership’s trailer sales arm.
MoreCeladon plans expansion, $3.4M office building
December 16, 2011
Scott OlsonCeladon 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.
MoreCeladon snub obscures other purchases
October 29, 2011
Chris O'MalleyCeladon 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.
MoreRival trucking firm not interested in Celadon merger
October 24, 2011
Cory SchoutenUSA Truck Inc. has turned down a meeting with Indianapolis-based trucking rival and investor Celadon Group Inc. to discuss
a possible merger.
MoreCeladon proposes merger with rival USA Truck
October 11, 2011
IBJ Staff and Bloomberg NewsIndianapolis-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.
MoreCeladon boosts financial performance
April 27, 2011
IBJ StaffCeladon Group Inc. improved revenue and profit in its third fiscal quarter despite lower volumes attributed to bad weather,
the Indianapolis-based trucking company said Tuesday.
MoreHOLT: New York threatens to ballast Indiana exports
April 2, 2011
David HoltRegulations aimed at stopping invasive species are too stiff.
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