Celadon Honored by Ryder for Second Consecutive Year

Celadon Honored by Ryder for Second Consecutive Year as Top National Truckload Carrier

INDIANAPOLIS – Celadon Trucking Services Inc., a wholly-owned subsidiary of Celadon Group Inc. (NASDAQ:CLDN), has been honored by Ryder System Inc. (NYSE:R) as its 2008 Carrier of the Year among national truckload providers. Celadon also received Ryder’s 2007 Carrier of the Year award.

“We’re extremely proud to win this award for two consecutive years,” said Celadon President and Chief Operating Officer Chris Hines. “This award reflects the consistency in customer service that our drivers and operations staff strive to provide for all of our customers.”

Ryder, a global leader in transportation and supply chain management solutions, presented Celadon with its Carrier Quality Award. The award, resulting from a top score in Ryder Transportation Management's 200 point carrier quality process, recognizes excellence through a variety of metrics, including on-time performance, claims handling, customer service, technology applications, economic value and innovation.

"2008 was a challenging year for transportation providers, with declining volumes and record fuel prices. In spite of these conditions, Celadon continued to perform above expectations and we are proud to recognize their achievement with a second consecutive Ryder Carrier Award," said Tim Podvin, General Manager for Ryder Global Transportation Procurement.

About Celadon Group
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.

About Ryder
Ryder provides leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Ryder ranks 399th on the Fortune 500. For more information on Ryder System, Inc., visit www.ryder.com.