Celadon Adds 175 Jobs; Growth Focused in Arkansas and Missouri.INDIANAPOLIS--(BUSINESS WIRE)--May 20, 1999-- Celadon Trucking Celadon Trucking Celadon Trucking Services, Inc. is a truckload carrier located in Indianapolis, Indiana. It is one of the 10 largest truckload carriers in North America and is bonded in the United States, Mexico, and Canada. Services, Inc., an Indianapolis-based trucking company, announced today the addition of 175 driving jobs in Arkansas and Missouri. Celadon Trucking is the main operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. 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., a publicly-held (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CLDN CLDN Calling Line Directory Number CLDN Claudin (gene family) ) transportation group specializing in international truck transportation. The company has recently been awarded several major contracts with large customers in Arkansas and Missouri. These contracts cover both dedicated, round-trip movements between customer facilities, as well as traffic to and from Texas. In preparing to serve these and other customers, Celadon is updating and growing its fleet by purchasing 550 new tractors and 1,300 new trailers. These new units began delivering in March. Celadon Group, Inc. recently reported record revenues for the nine months ending March 31, 1999. Celadon Group is also the parent company of Cheetah Transportation, Mooreseville, NC; Gerth Transport, Kitchener, Ontario; and Servicios de Transportacion Jaguar, Mexico City, Mexico. Celadon is a truckload company specializing in the transport of goods from the Untied States and Canada to and from Mexico. The Company has approximately 2,100 line haul tractors and 6,000 trailers. The discussion set forth above as well as oral statements made by officers of the Company 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 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; the results of Gerth Transport; 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. This release and prior releases are available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide website at www.kcsa.com. |
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