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Aquisistion

Celadon Acquires Rock Leasing and Kelly Logistics

Celadon Trucking Services Inc., a wholly owned subsidiary of Celadon Group Inc., announced that it has agreed to acquire Rock Leasing Inc., based in Warren, Ind., and Kelly Logistics Inc., based in Wadley, Ala. The terms and conditions of the transactions were not disclosed. With these acquisitions, Celadon will further expand its breadth of servic

Gladstone Capital Invests $14 Million in Ag Trucking

Gladstone Capital Corp. announced that on Dec. 24 it invested $14 million through a combination of debt and equity in Ag Trucking Inc. The investment in Ag Trucking was sponsored by 3.5.7.11 Investments. Ag Trucking, led by CEO Tim Boehlke, is a regional food-grade liquid and dry bulk carrier based in Goshen, Ind. The company was founded in 1978.

Transplace Acquires Torus Freight Systems

Transplace, a provider of transportation management services and logistics technology, announced it has acquired Torus Freight Systems, a Canadian-based logistics services company focused on Canadian cross-border and intra-Canada freight.