Celadon Group News

A cross-border trucking pact that ended a 17-year trade dispute between the U.S. and Mexico last year may unravel unless more Mexican big rigs start crossing the border under a U.S. Transportation Department pilot program.

Investment trust Caledonia Investments has announced a big increase in its dividend as it seeks to mollify shareholders after five years of under-performance. In the 12 months to the end of March the firm saw its net asset value drop 9.9% to A 1.134bn. NAV per share at the end of March was 1977p, down from 2,165p a year earlier.

Truckload carriers including Celadon Group Inc., which transport goods to retailers such as Home Depot Inc.

Celadon Group has been named the 2012 Healthy Trucking Fleet of the Year by FusionHealth and Navistar , which collaborated on the first-ever award.

The firm set a "buy" rating on the stock. Separately, analysts at Raymond James initiated coverage on shares of Celadon Group in a research note to investors on Wednesday, April 18th.

The first-ever Healthy Trucking Fleet of the Year award, a collaboration between FusionHealth and Navistar, was presented to Celadon Group at their headquarters in Indianapolis.

Celadon Group Inc. announced Monday that it has named Eric Meek as executive vice president, chief financial officer and treasurer at the Indianapolis-based trucking company, effective immediately.