Celadon Group, Inc.'s (CGI: Quote) subsidiary Celadon Trucking Services said Thursday that it has agreed to purchase a portion of the operating equipment of Hiner Transport, LLC., based in Huntington. The terms and conditions of the deal were not disclosed.
Paul Will, president and COO of the company, said, "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. Further, we are extremely confident in our ability to enhance the service to Hiner's former customers with our upgraded equipment fleet, additional capacity, leading edge technology, and outstanding safety record."
Click here to receive FREE breaking news email alerts for Celadon Group Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org