INDIANAPOLIS, July 16, 2018 /PRNewswire/ -- Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") CGIP today announced the closing of its previously disclosed credit agreement amendment.

On July 13, 2018, the Company entered into an Eleventh Amendment to its existing credit agreement (the "Amendment"). The terms of the Amendment are consistent with the expected terms announced on July 3, 2018, and include the following:

The full text of the Amendment and required disclosures will be reported in a Current Report on Form 8-K filed with the United States Securities and Exchange Commission.

About Celadon

Celadon Group, Inc. (www.celadongroup.com), through its subsidiaries, provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. The Company also owns Celadon Logistics Services, which provides freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution.

For more information:

Thom Albrecht

Chief Financial and Strategy Officer

(317) 972-7030

talbrecht@celadontrucking.com

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SOURCE Celadon Group, Inc.