Celadon Group purchases freightliner truck tractors; Expects delivery of 100 tractors in early 1997.INDIANAPOLIS--(BUSINESS WIRE)--Nov. 13, 1996--Celadon Group Inc. (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) ) announced today it has purchased 100 truck tractors from Freightliner Corp., of Portland, Ore., with delivery scheduled from Jan. through May 1997. The purchase will add 100 Freightliner Century Class tractors to Celadon's fleet of 1,200 tractors and 4,300 trailers, and is part of the company's $28 million capital program for fiscal 1997. The Century Class tractor, the product of 4 1/2 years of development, is the most technologically advanced heavy duty tractor on the market. With improved aerodynamics aerodynamics, study of gases in motion. As the principal application of aerodynamics is the design of aircraft, air is the gas with which the science is most concerned. and reductions in required maintenance, the tractor increases fuel efficiency and reduces maintenance costs. Ronald S. Roman, executive vice president of Fleet Management for 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 , said, "The addition of 100 Century Class tractors to our fleet will not only add operating efficiencies and increased production, but will aid in our driver retention and recruiting program since the new tractors are designed for exceptional driver comfort." Celadon Group Inc. is a truckload company specializing in the transport of goods to and from Mexico. Celadon Trucking has approximately 1,200 operating line haul tractors and 4,300 trailers and the flatbed division, Cheetah Transportation, has a network of approximately 230 owner-operated tractors. CONTACT: The Celadon Group Inc., Indianapolis Ronald S. Roman/Don Snyder, 317/972-7007 / 317/972-7033 or 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 , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Joseph A. Mansi/Adam I. Friedman 212/682-6300, ext. 205/215 |
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