CELADON GROUP, INC. (NYSE:CGI) Files An 8-K Results of Operations and Financial Condition

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CELADON GROUP, INC. (NYSE:CGI) Files An 8-K Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition.

On February 1, 2017, Celadon Group, Inc., a Delaware corporation
(the “Company”), issued a press release announcing its
financial and operating results for the three months ended
December 31, 2016, the second fiscal quarter of the Company’s
fiscal year ending June 30, 2017. A copy of the press release is
attached to this report as Exhibit 99.1.
Item 8.01 Other Events.
The Company announced that its Board of Directors declared a cash
dividend of $0.02 per share of common stock. The dividend is
payable to the Company’s shareholders of record as of April 7,
2017, and is expected to be paid on April 21, 2017.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits.
EXHIBIT
NUMBER
EXHIBIT DESCRIPTION
99.1
Celadon Group, Inc. press release announcing financial and
operating results for the three months ended December 31,
2016, the second fiscal quarter of the Company’s fiscal
year ending June 30, 2017 and dividend.
The information contained in this report (Items 2.02 and 9.01)
and the exhibit hereto shall not be deemed “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), or incorporated by reference in any
filing under the Securities Act of 1933, as amended (the
“Securities Act”), or the Exchange Act, except as shall be
expressly set forth by specific reference in such a filing.
The information in this report and the exhibit hereto may contain
“forward-looking statements” within the meaning of Section 27A
of the Securities Act and Section 21E of the Exchange Act and
such statements are subject to the safe harbor created by those
sections and the Private Securities Litigation Reform Act of
1995, as amended. Such statements are made based on the current
beliefs and expectations of the Company’s management and are
subject to significant risks and uncertainties. Actual results or
events may differ from those anticipated by forward-looking
statements. Please refer to the second-to-last paragraph of the
attached press release and various disclosures by the Company in
its press releases, stockholder reports, and filings with the
Securities and Exchange Commission for information concerning
risks, uncertainties, and other factors that may affect future
results.


About CELADON GROUP, INC. (NYSE:CGI)

Celadon Group, Inc. (Celadon) is a truckload freight transportation provider. The Company’s segments are asset-based, asset-light, and equipment leasing and services. Its services involve point-to-point shipping for its customers within the United States, between the United States and Mexico, and between the United States and Canada. The Company’s primary asset-based services include the United States domestic dry van, refrigerated and flatbed service; cross-border service between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada service; contract service; regional and specialized short haul service, and rail intermodal service. The Company’s primary asset-light services include freight brokerage, warehousing, less-than truckload consolidation and supply chain logistics services. Celadon’s equipment leasing and services segment consists primarily of leasing activities with independent contractors and other trucking fleets.

CELADON GROUP, INC. (NYSE:CGI) Recent Trading Information

CELADON GROUP, INC. (NYSE:CGI) closed its last trading session up +1.50 at 8.90 with 333,636 shares trading hands.