Celadon Online Venture Goes Public
TruckersCo-op.com is going public and changing its name to TruckersB2B.com.
The company now has 100,000 trucks, representing 1,800 companies, in the United States and Canada.
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The board of directors of Celadon Group, which is the parent company of TruckersCo-op, voted to proceed with an initial public offering.
Dan Forst, spokesman for the online venture, said the board decided go public because of the positive response the service has drawn. “The board believes the sky is the limit as to how far this thing can go,” he said.
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