Celadon Trucking Services, Inc., a wholly-owned subsidiary of Celadon Group,
Inc. CGI announced today that it has agreed to purchase a portion of
the operating equipment of USA Dry Van Logistics, LLC, based in McAllen, TX.
The terms and conditions of the transaction were not disclosed. Celadon's
approach is to increase its density in its primary traffic lanes between the
US and Mexico and reinforce its driver pool. USA Dry Van is a significant
provider of cross border shipments of goods between Mexico and the United
States, which enables Celadon to fulfill one of its primary goals of
increasing its freight volumes and lane density in its primary freight lanes.
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