- CEO
- Michael Gabbei
- Full Time Employees
- 5,979
- Sector
- Industrials
- Industry
- Trucking
- Address
- 9503 East 33rd Street Indianapolis IN United States of America 46235
- IPO Date
- Jan 21, 1994
- Business
- Celadon Group, Inc. is a transportation and logistics company primarily engaged in providing truckload shipping services across North America, including the United States, Canada, and Mexico. The company operates through three main segments: Asset-Based, Asset-Light, and Equipment Leasing and Services. Its Asset-Based segment offers dry van, refrigerated, and flatbed trucking services; cross-border freight transport between the U.S., Mexico, and Canada; intra-Mexico and intra-Canada regional and specialized short haul services; contract services; and rail intermodal transportation. The Asset-Light segment provides freight brokerage, warehousing, less-than-truckload consolidation, and comprehensive supply chain logistics solutions. The Equipment Leasing and Services segment sells and leases tractors and trailers and offers insurance, maintenance, and ancillary services, mainly to independent contractors and other trucking fleets. The company transports a variety of freight including tobacco, consumer goods, automotive parts, home products, lawn tractors, light bulbs, and engine parts. Celadon is headquartered in Indianapolis, Indiana, and was founded in 1985.
In recent years, Celadon Group, Inc. has faced significant operational and financial challenges, including bankruptcy proceedings initiated in late 2019, which resulted in company restructuring efforts and divestiture of assets such as its Texas terminal. Despite these challenges, the company continues to maintain operational segments via subsidiaries like Hyndman in Canada, Jaguar in Mexico, and Celadon Logistics, a full-service third-party logistics provider offering freight brokerage, supply chain management, warehousing, and distribution services. The company has focused on managing and optimizing its freight and logistics operations while working through financial reorganization. There are no reported major acquisitions, new product launches, or strategic partnerships in the last two years, reflecting a period of consolidation and operational stabilization post-bankruptcy.
Celadon Group serves diverse industries requiring freight transportation, including manufacturing, retail, automotive, and agricultural sectors, with a broad geographic footprint across North America. The company emphasizes reliability and skill through its operation of modern equipment and a sizable workforce of professional drivers. Its logistics division supports freight management and supply chain solutions designed to enhance operational efficiency across various transportation modes.
Overall, Celadon Group, Inc. presents a comprehensive portfolio of transportation and logistics services focused on truckload shipping, cross-border freight, intermodal, and supply chain management, with recent years marked by financial restructuring and operational adjustments to sustain its business within the competitive North American freight market.