Celadon's TruckersB2B Subsidiary Reports Usage Data
21 July 2000
More than 4,200 Companies Representing Approximately 175,000 Trucks Now Enrolled
INDIANAPOLIS - Celadon Group's TruckersB2B subsidiary today announced that the number of trucking companies using the TruckersB2B discount fuel network more than tripled in June compared to May.The TruckersB2B.com website went live on March 9, 2000. The number of companies that used the fuel network in March was 37, representing approximately 2,200 trucks; in April, 180 companies, representing approximately 11,000 trucks, used the network; and, in May, 420 companies, representing approximately 18,500 trucks, used the network. For June, 1,300 companies, representing approximately 45,000 trucks, used the network and earned rebates. The approximate total number of trucks represented by a member company does not necessarily reflect the number of trucks that have actually used the fuel program. In addition, the approximate number of trucks represented by the member companies is based on information supplied by the companies, and has not been independently verified. The number of gallons purchased through the fuel network in June more than doubled compared with May. The current TruckersB2B member base totals more than 4,200 companies, representing approximately 175,000 trucks.
TruckersB2B.com, Inc. is an Internet-based "business-to-business" membership program that provides discounted fuel, tires, equipment and other products and services to small- and medium-sized trucking companies and private fleets through its website.
Through its wholly owned subsidiary, Celadon E-Commerce, Inc., Celadon Group is the majority owner of TruckersB2B.com.