Celadon/Trucking Industry

In: Business and Management

Submitted By bigshine71858
Words 1462
Pages 6
Course Project
Lamont Miller
Capella University March 27, 2014
Dr. Jeff Leinaweaver MBA6004-Foundational Skills Business Leaders

Introduction The business I am picking for this assignment is Celadon Trucking they are a company based out of Indianapolis In. This company has been in business for 29 years there doors open in 1985. In this time frame this company has become the largest transporter of truck load freight between Canada and Mexico. They also transport a lot of freight in the lower 48 states. Celadon trucking is one of the largest trucking companies in America. Celadon Trucking is one of North America’s largest and most progressive transportation and logistics companies. The use of the internet has had a big impact on the trucking companies do business now compared to 30 years ago. With the use of internet it has made the trucking industry work easier in many different ways. The use of the internet is helping change the business practices of the trucking industry. Trucking firms use the internet strategic building blocks of distributed access to valuable information, quick communication, and boundary defying connectivity to exploit current resources and capabilities and to explore new internet business opportunities. The use of internet has improved communication and the ability to track loads. Celadon trucking is a company that is publicly traded on the stock market. Since going public in 1994, there revenue has grown from around $95 million to $616 million in 2013 through internal growth and a series of acquisitions. Celadon is a company that helps its yearly revenue by acquisitions of smaller companies throughout a year. Celadon customer base are some of the largest companies in North America.
Use of the Internet Celadon Trucking has many different reasons for using the internet. When you are one of…...

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