TruckersB2B, Inc. Signs Marketing Agreement To Offer Peterbilt Trucks
5 January 2001
TruckersB2B, Inc. Signs Marketing Agreement To Offer Peterbilt Trucks
INDIANAPOLIS--Jan. 05, 2001--Celadon Group's TruckersB2B, Inc., has signed an agreement with Rush Enterprises, Inc. to provide member rebates on the purchase of new Peterbilt trucks, used heavy and medium duty trucks, after-market truck parts and maintenance services. With this agreement, over 7,000 TruckersB2B member fleets representing approximately 268,000 trucks will have the opportunity to earn rebates through Rush's regional network of 30 truck centers.Bob Helms, President and Chief Executive Officer of TruckersB2B, Inc. said, "We are delighted to announce the addition of Rush Enterprises to our growing list of vendor-partners. This represents TruckersB2B's first tractor marketing agreement, and Rush Enterprises is the largest supplier of Peterbilt tractors in the United States."
Marvin Rush, President and CEO of Rush Enterprises, Inc. stated, "We are happy to have TruckersB2B as a web based marketer of the various products offered through our network of truck centers. We will provide an integrated one-stop source for the trucking needs of the TruckersB2B member fleets."
Rush Enterprises, Inc., a 35-year-old publicly traded company listed on the Nasdaq stock exchange, through its corporate subsidiaries, is the largest Peterbilt truck dealer in the United States and is the sole authorized vendor for new Peterbilt trucks and replacement parts in its market areas. Headquartered in New Braunfels, Texas, Rush Enterprises, Inc., through its corporate subsidiaries, has a network of 30 truck centers located in California, Arizona, New Mexico, Colorado, Oklahoma, Texas and Louisiana.
TruckersB2B is an Internet-based "Business-to-Business" provider of pre-negotiated savings to its members on fuel, tires, freight finding, insurance, and other products and services purchased by small and medium-sized trucking companies and private fleets. TruckersB2B aggregates the volume purchasing capability of its members to achieve a lower cost of goods and services than could usually be obtained by its members individually. The discounts and rebates are provided to TruckersB2B members by leading vendors who are seeking to increase their sales volume and market share by utilizing the TruckersB2B "eMember Marketing" program to complement their traditional marketing methods.
Celadon Group's wholly owned subsidiary, Celadon E-Commerce, Inc., is the majority owner of TruckersB2B, Inc. Please visit the company's website at www.truckersb2b.com or www.celadontrucking.com
The discussion set forth above as well as oral statements made by officers of Celadon Group 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 Celadon Group'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; changes in fuel prices; changes in economic, political or regulatory environments; changes in the availability of a stable labor force; the ability of Celadon Group 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 Celadon Group with the Securities and Exchange Commission. Readers should take these factors into account in evaluating any such forward-looking statements.
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