Yellow | Celadon Trucking Buys Hiner Transport Assets

R-14Driver

TB Legend
Credits
0
Acquisition brings drivers, capacity, shippers to $557 million truckload operator

Celadon Trucking acquired a portion of the equipment of Hiner Transport, a truckload carrier based in Huntington, Ind. Terms of the deal were not disclosed.

The transaction is the fourth acquisition for Celadon since last October, and follows the acquisition of assets and drivers from Teton Transportation in February.

Last year, Celadon bought American Eagle, the non-refrigerated division of Frozen Foods Express, and Glen Moore, the truckload wing of YRC Worldwide.......................


Celadon Trucking Buys Hiner Transport Assets | Journal of Commerce
 
Well "HT" is alot bigger than I thought I only know of the Ht
terminal in INdy off I-465 on 37. Though Celadon pockets
aren't to deep, can't by the big boyz.
 
They are gaining share by buying small companies en masse. They are quickly becoming the 800 pound gorilla.
 
Must be pretty smart, they kept any decent trailers Glenmoore had and let us the junk........................
 
Top