AMBEST Truckstops Join TruckersB2B Fuel Network.Business Editors INDIANAPOLIS--(BUSINESS WIRE)--Feb. 26, 2001 Celadon celadon Chinese, Korean, Siamese, and Japanese stoneware decorated with glazes the colour range of which includes greens of various shades, olive, blue, and gray. The colours are the result of a wash of slip (liquefied clay) containing a high proportion of iron that is Group's (Nasdaq:CLDN CLDN Calling Line Directory Number CLDN Claudin (gene family) ) TruckersB2B, Inc., signed an agreement with AMBEST AMBEST America's BEST Truck Stops , Inc. to provide rebates to TruckersB2B members on purchases of diesel fuel. This agreement will allow the more than 8,400 TruckersB2B member fleets representing approximately 300,000 trucks the opportunity to earn rebates of up to $.04 per gallon at AMBEST's 129 affiliated truck stop locations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Bob Helms, President and Chief Executive Officer of TruckersB2B, Inc. said, "We are delighted to announce the addition of AMBEST to the TruckersB2B fuel network. High fuel costs are still a major issue in the trucking industry, so purchasing fuel at the AMBEST stops will help our member fleets continue to reduce operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. . The AMBEST truck stops are friendly, full service facilities that are quite popular among drivers." Bob Lee, President of AMBEST, Inc. stated, "We are happy to be a part of the TruckersB2B fuel network. Our affiliated truck stops maintain the highest standards of service and cleanliness, and drivers are our highest priority. We look forward to serving the TruckersB2B fleets." AMBEST, Inc. is a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. headquartered in Brentwood, Tennessee Brentwood is a city in Williamson County, Tennessee, United States. The population was 23,445 as of the U.S. Census Bureau's 2000 census, and as of 2007, Brentwood's population has increased to over 30,000. Brentwood is an affluent Nashville suburb. . AMBEST is America's only co-operative network of independently owned and operated truck stops. TruckersB2B is an Internet-based "Business-to-Business" provider of pre-negotiated savings to its members on fuel, tires, freight finding, insurance, and other products and services purchased by small and medium-sized trucking companies and private fleets. TruckersB2B aggregates the volume purchasing capability of its members to achieve a lower cost of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. than could usually be obtained by its members individually. The discounts and rebates are provided to TruckersB2B members by leading vendors who are seeking to increase their sales volume and market share by utilizing the TruckersB2B "eMember Marketing" program to complement their traditional marketing methods. Celadon Group's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Celadon E-Commerce, Inc., is the majority owner of TruckersB2B, Inc. Please visit the company's website at www.truckersb2b.com or www.celadontrucking.com The discussion set forth above as well as oral statements made by officers of Celadon Group relating thereto, may contain forward looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such comments are based upon information currently available to management and management's perception thereof as of the date of this press release. Actual results of Celadon Group's operations could materially differ from those forward-looking statements. Such differences could be caused by a number of factors including, but not limited to, potential adverse affects of regulation; changes in competition and the effects of such changes; increased competition; changes in fuel prices; changes in economic, political or regulatory environments; changes in the availability of a stable labor force; the ability of Celadon Group to hire drivers meeting company standards; changes in management strategies; environmental or tax matters; and risks described from time to time in reports filed by Celadon Group with the Securities and Exchange Commission. Readers should take these factors into account in evaluating any such forward-looking statements. For additional information on Celadon Group, Inc. free of charge via the Internet, please go to http://www.tirc.com/invest/celadon/index.htm |
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