Celadon's TruckersB2B.com Announces April Rebates
24 May 2000
Celadon's TruckersB2B.com Announces April Rebates
INDIANAPOLIS--May 24, 2000--TruckersB2B.com (formerly TruckersCo-op.com), a division of Celadon Group, Inc. today announced the second round of monthly fuel rebates. Approximately 180 member companies had completed the steps necessary to participate in the TruckersB2B.com fuel rebate program by April 30, 2000.
The 180 member companies now activated in the fuel program represent over 11,000 tractors. "We were very pleased with the fuel program usage for April, which represents a 300% increase over the March figures" stated Bob Helms, TruckersB2B.com President and CEO.
Mr. Helms also stated, "We recently initiated a comprehensive e-mail and telemarketing campaign to our 2,382 total carriers, which represent more than 124,000 total trucks. We are personally communicating our name change and promoting the products and services currently available to our members. Many new members did not realize how easy it is to qualify for fuel rebates which is resulting in increased participation in the fuel network."
Through its wholly-owned subsidiary, Celadon E-Commerce, Inc., Celadon Group is the majority owner of TruckersB2B.com. Please visit the company's websites at: www.truckersb2b.com or www.celadontrucking.com.
The discussion set forth above as well as oral statements made by officers of the company relating thereto, may contain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such comments are based upon information currently available to management and management's perception thereof as of the date of this press release. Actual results of the company's operations could materially differ from those forward looking statements. Such differences could be caused by a number of factors including, but not limited to, potential adverse affects of regulation; changes in competition and the effects of such changes; increased competition; change in fuel prices; changes in economic, political or regulatory environments; changes in the availability of a stable labor force; ability of the company to hire drivers meeting company standards; changes in management strategies; environmental or tax matters; and risks described from time to time in reports filed by the company with the Securities and Exchange Commission. Readers should take these factors into account in evaluating any such forward looking statements.