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09/20/2017
Show Teaser Celadon Trucking Services to Transition Truck Driving Academy
INDIANAPOLIS, Sept. 20, 2017/ PRNewswire/-- Celadon Trucking will exit its three Celadon Driving Academy locations in Indianapolis, Laredo and Richmond later this year. One of Celadon's third-party driving school partners plans to establish accredited driving schools at each of the three locations. Celadon will continue to need new drivers and has determined...Read more..
09/18/2017
Show Teaser Celadon Group Completes Disposition of Flatbed Division
INDIANAPOLIS, Sept. 18, 2017/ PRNewswire/-- Celadon Group, Inc. today announced that it has completed the disposition of substantially all assets associated with its flatbed trucking division to a subsidiary of PS Logistics, LLC. Financial terms were not disclosed. Accordingly, we were pleased to offer our people and customers a good home with one of the largest...Read more..
07/13/2017
Show Teaser Celadon Group Announces Executive Team Changes
INDIANAPOLIS, July 13, 2017/ PRNewswire/-- Celadon Group, Inc. today announced the appointment of Paul C. Svindland as Chief Executive Officer, effective on or about July 24. Svindland, who was unanimously appointed by the Company's Board of Directors, succeeds Paul Will, who will retire as CEO and Chairman of the Board. Svindland will also serve as a member of the...Read more..
07/03/2017
Show Teaser Celadon Group Announces Bank Amendment, Corporate Updates
INDIANAPOLIS, July 3, 2017/ PRNewswire/-- Celadon Group, Inc. today announced an amendment to its primary credit facility that increases the maximum borrowing amount and amends the financial covenants, which is expected to afford the Company liquidity through the scheduled timeline for its refinancing process. The maximum outstanding amount available...Read more..
05/08/2017
Show Teaser Celadon Group Provides Updates on New York Stock Exchange Listing
INDIANAPOLIS, May 8, 2017/ PRNewswire/-- Celadon Group, Inc. today announced that on May 2, 2017, it received a notice from the New York Stock Exchange notifying the Company of its failure to meet a NYSE listing standard. The failure resulted from the Company's independent auditor's withdrawal of its reports related to the Company's Form 10- K for the fiscal year...Read more..
05/01/2017
Show Teaser Celadon Group Announces Corporate Updates
INDIANAPOLIS, May 1, 2017/ PRNewswire/-- Celadon Group, Inc. today announced several important updates regarding the Company's existing and new credit facilities, management team, March quarter earnings, and an independent review of certain transactions reflected in the Company's financial statements for the fiscal year ended June 30, 2016 and quarters...Read more..
02/01/2017
Show Teaser Celadon Group Reports December Quarter Results And Declares Dividend
Financial Results Revenue decreased $9.7 million, or 3.5% to $265.7 million in the December 2016 quarter from $275.4 million in the December 2015 quarter. Freight revenue, which excludes fuel surcharges, decreased $7.0 million, or 2.8%, to $242.3 million in the December 2016 quarter from $249.3 million in the December 2015 quarter. Net income decreased $5.3...Read more..
01/13/2017
Show Teaser Celadon Group Announces Details for Second Quarter Fiscal 2017 Conference Call and Upcoming Conference Attendance
INDIANAPOLIS, Jan. 13, 2017/ PRNewswire/-- Celadon Group, Inc. will release its fiscal 2017 second quarter results on Wednesday, February 1 after the close of the market. Management from Celadon will host 1 on 1 investor meetings at Stifel's Transportation and Logistics Conference in Key Biscayne, Florida on February 14, 2017.. Celadon Group, Inc., through its...Read more..
12/30/2016
Show Teaser Celadon Group Announces Closing of Joint Venture with Element Fleet Management
INDIANAPOLIS, Dec. 30, 2016/ PRNewswire/-- Celadon Group, Inc. announced today that it has entered into a joint venture agreement with Element Transportation LLC, a subsidiary of Element Fleet Management. The joint venture will hold leasing assets managed by Celadon's Quality Companies, LLC business unit and formerly held by a combination of Celadon (including,...Read more..
11/30/2016
Show Teaser Celadon Achieves Two Notable Military Designations
INDIANAPOLIS, Nov. 30, 2016/ PRNewswire/-- Celadon Group, Inc.' s Celadon Trucking Services announced that it has earned the 2017 Military Friendly ® Employer designation by Victory Media, publisher of G.I. First published in 2003, Military Friendly ® Employers is the most comprehensive, powerful resource for veterans today. Each year, the list of Military...Read more..
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