Celadon Group Inc. (CGIP)
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Celadon Group Inc. Profile
| Transportation Infrastructure Industry | Industrials Sector | Michael Gabbei CEO | OTC PINK Exchange | 150838100 CUSIP |
| US Country | 5,979 Employees | 21 Apr 2017 Last Dividend | 16 Jun 2006 Last Split | - IPO Date |
Overview
Celadon Group, Inc. is a transportation service provider with a comprehensive range of services catering to the needs of moving freight between the United States, Canada, and Mexico. With its inception in 1985 and headquarters in Indianapolis, Indiana, the company has expanded its operations to include diverse transportation and logistics solutions through its three primary segments: Asset-Based, Asset-Light, and Equipment Leasing and Services. Offering a blend of traditional and specialized transportation services alongside advanced supply chain solutions, Celadon Group, Inc. has positioned itself as a versatile player in the North American logistics and transportation industry.
Products and Services
- Asset-Based Services:
This segment involves traditional freight transportation methods including dry van, refrigerated, and flatbed services. It also encompasses cross-border servicesconnecting the United States with Mexico and Canada, as well as domestic services within these countries. Contract services, regional, specialized short haul services, and rail intermodal services are part of this comprehensive offering, tailored to cater to a wide range of freight transportation needs.
- Asset-Light Services:
Including freight brokerage and warehousing alongside less-than truckload consolidation, this segment focuses on providing flexible and scalable logistics solutions. Supply chain logistics services offered under this category aim to enhance the efficiency and effectiveness of clients' supply chains, leveraging Celadon's extensive network and technology-driven approach to logistics.
- Equipment Leasing and Services:
Targeting independent contractors and other trucking fleets, this segment offers tractor and trailer sales and leasing services. Additionally, it provides insurance, maintenance, and other ancillary services designed to support the operational needs of its clients. This segment not only aids in fleet management but also ensures clients have access to high-quality equipment and support services.
