Today's Trucking
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Celadon continues to refinance, replace personnel

December 5, 2017 by elizabeth

INDIANAPOLIS, IN – Embattled Celadon Group is adding more changes in its efforts to refocus amid an investigation by the Secuurities and Exchange Commission in the United States.
The group made tow announcements last week including the appointment of Vincent Donargo as the new vice president and Chief Accounting Officer, effective Nov. 30.
Celadon said Donargo brings with him over 30 years of accounting and financial leadership experience, including serving as the executive vice president and chief financial officer of Beaulieu Group, a North American carpet and flooring manufacturing company, before taking on his new position.

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Celadon receives filing deadline extension

October 30, 2017 by elizabeth

INDIANAPOLIS, IN – Celadon Group is over a year behind on filling its quarterly and annual reports with the Securities and Exchange Commission (SEC).
The group announced that it has received an extension from the New York Stock Exchange (NYSE), subject to review on an on-going basis, that allows the company to take until May 2, 2018 to file the documents with the SEC.

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Albrecht named to Celadon executive team

October 16, 2017 by John Smith

INDIANAPOLIS, IN – Industry analyst Thom Albrecht has been named executive vice president – Chief Financial and Strategy Officer at Celadon Group.

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Celadon names new chairman, CEO

July 14, 2017 by John Smith

INDIANAPOLIS, IN – Celadon Group has named Paul Svindland as Chief Executive Officer effective July 24, succeeding Paul Will who is retiring from that role and as board chairman.

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Celadon shuffles execs, begins financial review

May 3, 2017 by John Smith

INDIANAPOLIS, IN – Celadon Group has shuffled its senior management team as 2016 financial statements are reviewed and the company faces a US $10 million operating loss in the first quarter of 2017.

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Celadon, Element enter new joint venture

January 2, 2017 by John Smith

INDIANAPOLIS, IN – Celadon Group, which offers extensive trucking operations across North America, has entered a new joint venture with Element Transportation that oversees more than 10,000 tractors for leasing operations.

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Hyndman opens new Ayr terminal, closes Kitchener

November 28, 2016 by John Smith

WROXETER, ON – Hyndman Transport, a subsidiary of Celadon Group, is settling into a new terminal in Ayr, Ontario. Located at 2616 Cedar Creek Road, just off highways 401 and 97 at Exit 268, the facility features a new driver lounge, dorm rooms, and an expanded maintenance facility with wash bay and loading dock. The site will also serve as a base of operations for recruiting and orientation, and includes administration space as well.

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Celadon mourns death of founder

April 19, 2016 by John Smith

INDIANAPOLIS, IN — Steve Russell, who founded Celadon in 1985, died on April 15. He was 76.

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Fleet Agrees to Settlement in Driver Discrimination Case

August 11, 2015 by sehui

INDIANAPOLIS – A provider of cross-border trucking, Celadon Trucking Services Inc., has agreed to an out of court settlement paying $200,000 over a driver disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission.

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So Long Celadon, Hello Hyndman

May 6, 2015 by Peter Carter

WROXETER,ON.-Come Canada Day, you will see no more Celadon Canada trucks. On July 1, the merger of Celadon and Wroxeter, ON.-based Hyndman Transport will be completed. “We have come to realize the strength of the Hyndman name in Canada,” commented President and CEO of the Indianapolis-based Celadon Group Paul Will. “Hyndman has always promoted and supported a family atmosphere for their drivers and staff. This merger reinforces thae core value of the company.”

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Celadon Canada buys Yanke

August 1, 2014 by Martin Smith

SASKATOON– Yanke Transfer has been sold to Celadon Canada, a division of Indianapolis-based Celadon Trucking Services Inc.

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Celadon Pushes Further in to Canada with Hyndman Acquisition

August 1, 2014 by Martin Smith

INDIANAPOLIS – Celadon Trucking Services has inked a deal to acquire Wroexter, ON-based Hyndman Transport as part of the company’s plan to expand its Canadian footprint.

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Investing in Driver Health Good for Business: Celadon

August 1, 2014 by Martin Smith

Atlanta, GA – On July 12, the Extreme Truckers Show featured Celadon and FusionHealth for their investments in driver health.

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Celadon Selling $53 Million in Leases, Tractors

August 1, 2014 by Martin Smith

INDIANAPOLIS, IN – Trucking company operator Celadon Group has agreed to sell its independent contractor lease portfolio to Element Financial Corporation, an equipment finance company.