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Celadon Reports Decreased Revenues for Fiscal Third Quarter

Celadon Group Inc. reported its financial and operating results for the three months ended March 31, 2013, the third fiscal quarter of the company's fiscal year ending June 30, 2013. Revenue for the quarter decreased 2.4% to $149.6 million in the 2013 quarter from $153.3 million in the 2012 quarter. Freight revenue decreased 1.9% to $118.7 million in the 2013 quarter from $121 million in the 2012 quarter.

Obama Taps Charlotte Mayor Anthony Foxx for Top DOT Post

President Obama nominated Charlotte, N.C., Mayor Anthony Foxx (left) to be the next U.S....

President Obama nominated Anthony Foxx, the mayor of Charlotte, N.C., to replace Ray LaHood as Secretary of Transportation. Foxx does not have a background in transportation – he was a practicing attorney before going into politics – but as mayor he has been instrumental in a number of important transportation projects.

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