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Celadon's TruckersCo-op.com Announces First Rebate Payments; More Than 80,000 Member Trucks Now Enrolled.


Business Editors

INDIANAPOLIS--(BUSINESS WIRE)--April 19, 2000

TruckersCo-op.com, a division of 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, Inc. (Nasdaq: CLDN CLDN Calling Line Directory Number
CLDN Claudin (gene family) 
) today announced that the first round of fuel rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges.  checks have been distributed to member companies. These 37 companies were the first to initiate their Co-op membership in March and utilize the fuel network. The Company also indicated that as of this release date 80,000 trucks are now enrolled.

The 2,500 tractors receiving fuel rebates for the first month of operation received between $3 and $18 per truck. TruckersCo-op.com contacted each of the members who received a rebate to obtain comments on the program. "We were very pleased to receive a positive reaction from our members about the new services," stated 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. , TruckersCo-op.com 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. . Their comments included: "It's for real. "It's this easy." "It's automatic." "We got our check, thank you."

Chad Chad (chăd, chäd), Fr. Tchad, officially Republic of Chad, republic (2005 est. pop. 9,826,000), 495,752 sq mi (1,284,000 sq km), N central Africa.  Schott of Schott Farms, a 40 truck carrier who received a $12 per truck rebate stated, "I did not expect the rebate to be this much this soon. We have used the information on the site and now instructed our drivers to fuel in the TruckersCo-op.com network."

Through its wholly-owned subsidiary, Celadon E-Commerce, Inc., Celadon Group is the majority owner of TruckersCo-op.com. Please visit the company's websites at: www.truckersco-op.com or www.celadontrucking.com.

The discussion set forth above as well as oral statements made by officers of the company relating thereto there·to  
adv.
1. To that, this, or it.

2. Archaic In addition to that; furthermore.


thereto
Adverb

Formal

1. to that or it

2.
, 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 the company'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; change in fuel prices; changes in economic, political or regulatory environments; changes in the availability of a stable labor force; ability of the company 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 the company 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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Publication:Business Wire
Geographic Code:1USA
Date:Apr 19, 2000
Words:421
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