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Overview Founded in May 1985, Celadon Group Inc. (Nasdaq: CLDN) ranks as one of North America’s largest truckload carriers with annual revenue nearing $500 million. Celadon is also recognized as one of the safest truckload carriers with multiple first-place finishes in the Truckload Carriers Association’s National Fleet Safety Awards among carriers annually hauling over 100 million miles.

Headquartered in Indianapolis, Celadon employs approximately 4,000 employees and operates a fleet of roughly 2,900 tractors and 8,100 trailers. Its customer base includes Fortune 500 shippers such as Wal-Mart, Philip Morris, Procter & Gamble, Campbell Soup Co., General Electric and DuPont.

As a dry van truckload carrier, Celadon generally transports full trailer loads of freight from origin to destination without intermediate stops or handling. The company operates in two main market sectors. In international operations, the company offers time-sensitive transportation in and between the U.S. and its two largest trading partners, Mexico and Canada. With approximately 150,000 annual border crossings, the company is likely the largest provider of international truckload movements in North America.

In addition to international business, Celadon also offers a range of truckload transportation services within the United States, including long-haul and dedicated. Multiple acquisitions over the past several years have allowed Celadon to expand its operations and service offerings within the U.S. and significantly improve lane density, freight mix, and customer diversity.

Along with its truckload services, Celadon also owns TruckersB2B, which offers purchasing power for items such as fuel, tires, and equipment to small- and medium-sized member trucking fleets; Celadon Dedicated Services, which provides supply chain management solutions for three Fortune 500 companies; and Celadon Brokerage Services.

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