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Celadon Group

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July 14, 2017 - Industry News

Celadon Names New CEO, Chairman of the Board

Paul Svindland Photo via LinkedIn

Celadon Group has announced the appointment of Paul C. Svindland as chief executive officer, effective on or about July 24, succeeding Paul Will who will retire as CEO and chairman of the board.

Tags: Leadership, Celadon Group, People

May 8, 2017 - Industry News

Celadon Stock in Danger of Being Delisted from NYSE

Celadon Group announced that it has been notified by the New York Stock Exchange that it has failed to meet the exchange's listing standard, which could result in the company’s stock being delisted.

Tags: Economy, Financial Report, Celadon Group, Stock

May 3, 2017 - Industry News

Earnings Watch: XPO Logistics Glows while USA Truck, Celadon Deal with Woes

One of the biggest names in trucking reported first quarter earnings this week showing it had turned its fortunes around for the better, while losses grew at another fleet and a third’s financial problems were surrounded not only by questions of its accounting practices but also about its long-term survival.

Tags: Celadon Trucking Services, Celadon Group, USA Truck, XPO Logistics, Fleet Earnings

May 3, 2017 - Industry News

In Financial Pickle, Celadon Shuffles Management, Ups Liquidity

Photo: Celadon

Celadon Group has announced changes in its top management and a new line of credit, noting that it expects to report a significant operational loss for the first quarter of the year.

Tags: Leadership, Financial Report, Credit Lines/Ratings, Celadon Group, People

February 1, 2017 - Industry News

Earnings Watch: Landstar, Celadon, C.H. Robinson, Roadrunner

Fleet earnings reported this week so far are varying widely, ranging from record numbers at one carrer to another barely eking out a profit, and one carrier delayed in reporting due to an investigation into its accounting practices.

Tags: Roadrunner Transportation, C.H. Robinson, Landstar System, Fleet Earnings, Celadon Group

November 3, 2016 - Industry News

Earnings Watch: ArcBest Profit Falls, Celadon Reports Loss

The parent of a company primarily known for its less-than-truckload fleet saw its profit fall by nearly a third while a separate carrier that provides long-haul truckload and other services moved into the red, according to newly released earnings numbers.

Tags: Economy, Celadon Trucking Services, Celadon Group, Panther, ABF, ArcBest Corp., Fleet Earnings

September 1, 2016 - Industry News

Celadon Quarterly Profit Sinks 86.5%, Fiscal Year Earnings Also Fall

The trucking operation Celadon Group Inc. on Thursday reported its fiscal fourth quarter and year-end results for 2016 with both showing sharply lower earnings.

Tags: Economy, Celadon Trucking Services, Celadon Group, Celadon, Fleet Earnings

April 27, 2016 - Industry News

Earnings Watch: Saia, Patriot, Covenant and Celadon

The wave of first quarter earnings reports from the nation’s publicly owned fleets continued on Wednesday, with three out of four lower than a year earlier due mainly to less freight to move.

Tags: Florida, Economy, Celadon Trucking Services, Celadon Group, Covenant Transport, Earnings, Patriot Transportation, Saia, Covenant Transportation Group, Fleet Earnings

April 15, 2016 - Industry News

Celadon’s Steve Russell Dies at 76

Steve Russell Photo: Celadon Group

Steve Russell, the founder of Celadon Group Inc. died on April 15 at 76 years of age. The company he launched over 30 years ago to haul automotive freight from Michigan to Mexico has since grown into a truckload and logistics powerhouse.

Tags: Celadon Group, Obituary

January 27, 2016 - Industry News

Earnings Watch: Lower Fourth Quarter Profits for Knight, Celadon

UPDATED -- Net income for two trucking and logistics companies experienced pullbacks in the fourth quarter of the year, according to earnings reports released Wednesday.

Tags: Economy, Celadon Trucking Services, Celadon Group, Knight Transportation, Fleet Earnings

October 30, 2015 - Industry News

Earnings Watch: Celadon, ODFL, YRC Worldwide, ArcBest, Hub Group

More trucking companies have released their third quarter financial earnings, showing improvements from a year earlier or at least maintaining their ground, despite complaints about the recent freight-hauling environment.

Tags: Celadon Trucking Services, Celadon Group, ABF, YRC Worldwide, YRC Freight, Hub Group, ArcBest Corp., Fleet Earnings, Economy, Old Dominion Freight Line, LTL

July 29, 2015 - Industry News

Earnings Watch: Saia, Heartland Express, Roadrunner, Con-way, Celadon

Five more trucking companies have reported quarterly earnings – but not all showed gains over a year ago.

Tags: Economy, Con-way Freight, Celadon Group, Roadrunner Transportation, Con-way Truckload, Heartland Express, Saia, Con-way Inc., Fleet Earnings

January 26, 2015 - Industry News

Celadon Purchases Taylor Express

Photo: Taylor Express

Freight transportation and logistics provider Celadon Group Inc. on Monday announced its purchase of North Carolina-based carrier Taylor Express.

Tags: Celadon Group, Mergers & Acquisitions

October 30, 2014 - Industry News

Celadon Profit Increases More Than 21%

Revenue for the quarter increased 10.5% to $193.4 million from $175.1 million a year earlier. Freight revenue, which excludes fuel surcharges, increased 11.1% to $157.7 million.

Tags: Celadon Group, Earnings

October 27, 2014 - Industry News

Celadon Purchases A&S Services Group

Trucking and logistics operator Celadon Group Inc. on Monday announced the purchase of A&S Services Group LLC, a regional for-hire and dedicated truckload carrier.

Tags: Pennsylvania, Celadon Group, Mergers & Acquisitions

October 23, 2014 - Industry News

Meek Named Celadon COO, Executive Vice President

Celadon Trucking Services parent Celadon Group has names Erik Meek chief operating officer. He previously served as executive vice president, chief financial officer and treasurer.

Tags: Celadon Group, People

August 6, 2014 - Industry News

Celadon Second Quarter Profit More Than Doubles

The trucking operation Celadon Group Inc. more than doubled its net income in the second quarter of the year while revenue increased 21.4%.

Tags: Celadon Group, Earnings

June 16, 2014 - Industry News

Celadon Logistics to Manage Commercial Vehicle Group’s Supply Chain

Third-party logistics provider, Celadon Logistics, will provide transportation management services to North American operations of the Commercial Vehicle, a supplier of cab related products and systems for the commercial vehicle market, including the heavy-duty trucks.

Tags: 3PL, Commercial Vehicle Group, Celadon Group

June 12, 2014 - Industry News

Celadon Sells Off Ownership in TruckersB2B

According to a Securities and Exchange Commission filing earlier this month, the sales price was approximately $21 million. Celadon expects to use the proceeds to pay down bank debt.

Tags: Celadon Group, TruckersB2B

April 30, 2014 - Industry News

Celadon First Quarter Net Income Falls 20.5%

The trucking and logistics provider, Celadon Group, reports revenue for the quarter ending March 31 increased 29.1% to $193.2 million from $149.6 million in the March 2013 quarter.

Tags: Celadon Group, Celadon, Earnings

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