Celadon Trucking Services, a subsidiary of Celadon Group, will buy a portion of the operating equipment of Huntington, Ind.-based Hiner Transport.
Terms and conditions of the deal were not disclosed.
“As with previous acquisitions, the Hiner deal provides quality customer gains, incremental density in key traffic lanes, and access to an experienced driver pool”, said Paul Will, Celadon Trucking president and chief operating officer. “Hiner had a solid, core group of customers and drivers, and we expect to fully integrate these groups within our operations in a prompt, efficient manner.”
Will said the company will bring its services along with new equipment and additional capacity to Hiner’s existing customer base.
Celadon Group provides both long-haul and regional full-truckload services in the United States, Canada and Mexico through various subsidiaries. It also owns Celadon Logistics Services, which provides freight brokerage and less-than-truckload services, supply chain management software, and dedicated fleet operations. – Geoff Whiting
Celadon buys Hinder Transport assets
