13G Filing: Scopus Asset Management and Celadon Group, Inc. (CGI)

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )

Celadon
Group, Inc.

(Name of Issuer)

Common Stock ($0.033 par value)

(Title of Class of Securities)

150838 10 0

(CUSIP
Number)

October 23, 2017

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to
designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

The information required in the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).

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Celadon Group, Inc. (the Issuer)

9503 East 33rd Street, One
Celadon Drive, Indianapolis, IN 46235

The names of the persons filing this report (collectively, the
Reporting Persons) are:

Alexander Mitchell

Scopus Capital, Inc. (SCI)

Scopus Asset Management, L.P. (SAMLP)

The address of the
principal business office of each of the Reporting Persons is:

717 Fifth Avenue, New York, NY 10022

For each Reporting Person other than Mr. Mitchell, Delaware.

For Mr. Mitchell, United States of America

Common Stock ($0.033 par value) (Common
Stock)

150838 10 0

Not applicable.

The information required by this item with respect to each Reporting Person is set forth in
Rows 5 through 9 and 11 of the cover page to this Schedule 13G. The ownership percentages reported are based on 28,299,404 outstanding shares of Common Stock as of February 9, 2017, as reported in the Issuers Form 10-Q filed on February 10, 2017.

Investment funds advised by SAMLP (collectively, the Investment
Funds) directly hold 1,526,124 shares of Common Stock. SAMLP serves as the investment advisor to these investment funds and may be deemed to beneficially own such shares. SCI is the general partner of SAMLP and Mr. Mitchell controls SCI,
and each may be deemed to beneficially own such shares.

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If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☐.

The Investment Funds have the right to
receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock.

Not applicable.

Not applicable.

Not applicable.

By signing below I certify that, to the best of my knowledge and belief, the securities
referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

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Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and
correct.

Dated October 25, 2017

Exhibit 99.1

JOINT FILING AGREEMENT

The persons below hereby agree that the Schedule 13G to which this agreement is attached as an exhibit, as well as all future amendments to
such Schedule 13G, shall be filed on behalf of each of them. This agreement is intended to satisfy the requirements of Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934.

Dated October 25, 2017

Exhibit 99.2

LIMITED POWER OF ATTORNEY FOR

SECTION 13(d) REPORTING PURPOSES

Know all by these presents, that the undersigned hereby makes, constitutes and appoints Daniel Fried, acting individually, as the
undersigneds true and lawful attorney-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of the
undersigned to:

(1)    execute for, and on behalf of, the undersigned, in the undersigneds capacity as a
greater than 5% beneficial owner of Celadon Group, Inc. (the Company), Schedule 13D or Schedule 13G in accordance with Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder (the
Exchange Act);

(2)    do and perform any and all acts for and on behalf of the undersigned that may be
necessary or desirable to prepare, complete and execute any such Schedule 13D or Schedule 13G, and any amendments or joint filing agreements thereto, and timely file such Schedule 13D or Schedule 13G or reports with the United States Securities and
Exchange Commission; and

(3)    take any other action of any type whatsoever in connection with the foregoing which,
in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents
executed by such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney shall be in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in such attorney-in-facts sole
discretion.

The undersigned hereby gives and grants to each such
attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of
the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall lawfully do
or cause to be done by virtue of this power of attorney and the rights and powers herein granted.

The undersigned hereby acknowledges
that (a) the foregoing attorney-in-fact is serving in such capacity at the request of the undersigned; (b) this Limited Power of Attorney authorizes, but does
not require, such attorney-in-fact to act in his discretion on information provided to such
attorney-in-fact without independent verification of such information; (c) any documents prepared and/or executed by such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney shall be in such form and shall contain such information and disclosure as such attorney-in-fact, in his or her sole discretion, deems necessary or advisable; (d) neither the Company nor any
attorney-in-fact assumes (i) any liability for the undersigneds responsibility to comply with the requirements of the Exchange Act or (ii) any liability
of the undersigned for any failure to comply with such requirements; and (e) this Limited Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigneds obligations under the Exchange Act,
including, without limitation, the reporting requirements under Section 13(d) of the Exchange Act.

Exhibit 99.2

This Limited Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Schedule 13D or
Schedule 13G with respect to the undersigneds holdings of securities issued by the Company, unless earlier revoked as to the attorney-in-fact by the undersigned in
a signed writing delivered to such attorney-in-fact.

IN WITNESS WHEREOF,
the undersigned has caused this Power of Attorney to be executed as of this 25th day of October, 2017.