INDIANAPOLIS – One of Celadon Group Inc.’s wholly owned subsidiaries has purchased the truckload business and certain tractors and trailers of Air Road Express Inc. Air Road will continue to provide asset-based logistics services with its LTL consolidation and warehousing operations.

According to the seller’s unaudited financial statements, the Indianapolis-based transportation company generated approximately $26 million in gross revenue from its truckload operations, including fuel surcharge, in 2006.

Celadon Group Inc., through its subsidiaries, primarily provides long-haul, full-truckload freight service across the United States, Canada, and Mexico. The company also owns TruckersB2B Inc., which provides cost savings to member fleets.

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