Celadon Group (OTCMKTS:CGIP) is a transportation and logistics provider offering asset-based trucking and brokerage services across North America. The company operates a fleet of dry van, temperature-controlled and specialty equipment, complemented by third-party carrier relationships to meet capacity demands. Through its network, Celadon delivers full truckload, dedicated contract carriage and expedited shipping solutions for customers in industries such as automotive, retail, manufacturing and consumer goods.
Founded in 1985 and headquartered in Indianapolis, Indiana, Celadon has evolved from a regional private-fleet operator into a broader logistics platform. The company leverages telematics, electronic logging devices (ELDs) and route-optimization software to enhance fleet efficiency, safety and on-time performance. In addition to core trucking operations, Celadon provides cross-border transportation services between the United States, Canada and Mexico, managing customs clearance and regulatory compliance for international shipments.
After voluntarily filing for Chapter 11 protection in late 2019 amid an accounting irregularity investigation, Celadon restructured its balance sheet and streamlined operations. The reorganization preserved essential transportation capacity while positioning the company for renewed growth under a more disciplined financial framework. Post-restructuring, Celadon continues to build on decades of industry expertise and longstanding customer relationships, focusing on service reliability and operational excellence.
Governed by a dedicated management team and board of directors, Celadon Group emphasizes safety, regulatory compliance and customer service as cornerstones of its business philosophy. The company’s network spans all major U.S. markets, with terminals and partner facilities strategically located to support expedited and cross-border movements. By combining an asset-based fleet with an integrated brokerage arm, Celadon offers scalable logistics solutions designed to adapt to evolving supply-chain needs.
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