Celadon Group Makes Bankruptcy Official, Shuts Down After 34 Years
- Thread starter Freightmaster1
- Start date
Freightmaster1
TB Legend
- Credits
- 602
https://www.indystar.com/story/news...000-jobs-executives-accused-fraud/2628403001/
Celadon Group files for bankruptcy, cutting 4,000 jobs after 2 executives accused of fraud
Celadon Group files for bankruptcy, cutting 4,000 jobs after 2 executives accused of fraud
Freightmaster1
TB Legend
- Credits
- 602
https://www.logisticsmgmt.com/artic...ed_celadon_is_the_largest_tl_bankruptcy_in_hi
Shuttering of Indianapolis-based Celadon is the largest TL bankruptcy in history
Indianapolis-based Celadon, which ranked as the 18th-largest TL concern with $706 million in revenue in LM’s annual rankings, abruptly ceased operations in Dec. 9, giving its more than 3,200 drivers the worst possible gift barely two weeks before Christmas.
Shuttering of Indianapolis-based Celadon is the largest TL bankruptcy in history
Indianapolis-based Celadon, which ranked as the 18th-largest TL concern with $706 million in revenue in LM’s annual rankings, abruptly ceased operations in Dec. 9, giving its more than 3,200 drivers the worst possible gift barely two weeks before Christmas.