Celadon's TruckersB2B Subsidiary Reports August Fuel Usage Data, Loads On-Line and BusesB2B.com; Member Trucks Top 210,000.Business Editors INDIANAPOLIS--(BUSINESS WIRE)--Sept. 21, 2000 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 subsidiary today announced that the number of trucking companies using the TruckersB2B discount fuel network in August 2000 increased to 2,150 which represents approximately 73,000 trucks. This compares with 37 companies representing approximately 2,200 trucks in March 2000, the first month of operations for TruckersB2B "TruckersB2B is elated e·lat·ed adj. Exultantly proud and joyful. e·lat  ed·ly adv.e·lat to bring its Loads On-line service offering to its members in conjunction with National Transportation Exchange." said Bob Helms Bob Helm (born July 18, 1914 in Fairmead, California, died 2003[1]) was a jazz clarinetist who is known for playing with Lu Watters and Turk Murphy. He is most associated with Dixieland music. He led at least one band, which was Bob Helm's Riverside Roustabouts. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of TruckersB2B, Inc. "This is a critical service that can be utilized by all of our members on a daily basis." "TruckersB2B has recently expanded its presence into the motorcoach carrier market." said Mr. Helms. "This is a natural progression for TruckersB2B to offer its current product and services to this new market segment which has similar buying habits as that of the trucking industry." TruckersB2B, Inc. is an Internet based Business-to-Business provider of pre-negotiated savings to its members on fuel, tires, freight finding, insurance, equipment and other products and services purchased by small to 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 compliment 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., Celadon Group is the majority owner of TruckersB2B, Inc. Please visit the company's Web sites 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . 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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