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.
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