Celadon Group unit acquires Hyndman Transport Limited
Celadon Trucking Services, a wholly-owned subsidiary of Celadon Group (CGI), announced that it has agreed to acquire Hyndman Transport Limited, based in Wroxeter, Ontario. Hyndman operates approximately 175 tractors and generated approximately $48M in revenue in 2012, comprised of both domestic Canadian shipments and international shipments between Canada and the United States. Additional terms and conditions of the transaction were not disclosed.