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