Celadon Chairman and CEO Steve Russell Inducted into Central Indiana Business Hall of Fame

Celadon Group, Inc. (NYSE:CGI) Chairman and Chief Executive Officer Steve Russell was one of four laureates inducted into the Central Indiana Business Hall of Fame on February 17, 2011.

Established by the Junior Achievement Board of Directors in 1989, the Central Indiana Business Hall of Fame honors men and women who epitomize success in the business world and use their success to improve the quality of life of their fellow citizens and surrounding communities. "Our goal is two-fold at the Hall of Fame event: to honor those Central Indiana business persons who are champions of free enterprise and are business role models to the youth of the community, and to spotlight the importance of providing financial literacy, work-readiness and entrepreneurship programs to today’s students,” said Junior Achievement President and Chief Executive Officer Jennifer Burk.

Mr. Russell founded Celadon Group, Inc. in 1985 and under his leadership, Celadon has grown from 50 leased tractors and 100 trailers to become one of the nation’s largest trucking and transportation management companies. Celadon currently operates approximately 3,100 tractors and 9,000 trailers and serves over 2,000 customers. Celadon employs nearly 4,000 people and is the largest transportation company based in Indiana. Mr. Russell is an avid supporter of the arts and currently serves as Chairman of the Board of Governors of the Indianapolis Museum of Art.

Presented in Indianapolis, the ceremony was attended by 700 local business leaders and elected officials as junior achievement students participated in the festivities. "I’m extremely honored to receive this award,” said Russell. "Junior Achievement is an organization that gives back to the community and enhances opportunities for young people regardless of their economic status.”

Celadon Group, Inc. (www.celadongroup.com), through its subsidiaries, primarily provides long-haul, full-truckload freight service across the United States, Canada and Mexico. The company also owns Celadon Logistics Services, which provides freight brokerage; Celadon Dedicated Services, which provides supply chain management solutions, such as warehousing and dedicated fleet services; and TruckersB2B (www.truckersb2b.com) which provides cost savings to member fleets.