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Transport Topics: Celadon’s 1Q Income Increases

October 27, 2011, 06:26 AM
Filed Under: Transportation

According to an article posted by Transport Topics, Celadon Group reported a fiscal first-quarter profit of $5.4 million, up from $4.4 million a year ago.  Celadon Group is ranked No. 42 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

The article quotes Steve Russsell, Chairman and CEO as stating “We have continued to improve our operating efficiency which has resulted in the reduction of over 1,200 trailers in our quarter end numbers, while having on-boarded over 2,000 new trailers with aerodynamic side skirts within the past twelve months, or 27.1% of our trailer fleet is now less than one year old.”

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