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Celadon Group Value Stock - Dividend - Research Selection

Celadon group

ISIN: US1508381001 , WKN: 889409

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Description of the company

Celadon Group, Inc. (Celadon) operates in the truckload business. As a dry truck transporter, the company transports the entire load of the trailer without stopping or handling from the place of origin to the destination. It operates in two segments: asset-based and asset-light. The company's asset-based segment encompasses its asset-based dry transport and rail services, which are geographically diversified but have similar economic and other relevant characteristics as they all offer a similar class of customers as truckloads of general goods. The asset-light segment comprises the areas of warehousing, brokerage and less-tho-load (LTL) as well as the interest in truckers B2B. In February 2012, Celadon Trucking Services, Inc., a wholly owned subsidiary, acquired part of the operating equipment of Teton Transportation, Inc. (Teton).

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