Celadon buys equipment of Indiana-based Hiner Transport

“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, president and COO.

The Trucker News Services

6/8/2012

INDIANAPOLIS — Celadon Trucking Services Inc., a subsidiary of Celadon Group Inc., has agreed to purchase a portion of the operating equipment of Hiner Transport LLC, based in Huntington, Ind., the company said Thursday.

The terms and conditions of the transaction were not disclosed. Hiner’s fleet includes about 200 tractors and 550 trailers, according to its website.

“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, president and COO. “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.”

Celadon Group Inc. www.celadongroup.com, through its subsidiaries, provides long-haul and regional full-truckload freight service across the United States, Canada and Mexico. The company also owns Celadon Logistics Services, which provides freight brokerage services, less-than-truckload services, as well as supply chain management solutions, including warehousing and dedicated fleet services.

Kevin Jones of The Trucker staff can be reached for comment at kevinj@thetrucker.com.

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