FreightWaves continues to follow the fallout at Celadon Group. The biggest bankruptcy in truckload history is expected any day. An internal source tells FreightWaves that Indianapolis based Celadon Group will file for bankruptcy protection under Chapter 11. Close to 3,500 employees could lose their jobs.
On Monday, December 9th, FreightWavesTV will begin live coverage at 11 a.m. EST. A special edition of WHAT THE TRUCK?!? will air from 3:30-4:30 EST.
You can catch the coverage on all of the FreightWaves social media channels including LinkedIn, YouTube and Facebook. You can also watch live on the FreightWavesTV app.
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CELADON has a Phillip Morris cigarettes account I never got a load assignment on . but celadon put me on a load assignment of Newport Cigarettes , Salem North Carolina to Atlanta once
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I used to deliver Canadian cigarettes to Calgary Alberta from Laredo Texas driving for celadon. Monterrey Mexico was the shippers on the bills
Victor Edwards
There must be a very large tax avoidance advantage for the company, eh? Watch closely; tax avoidance is how billionaires are made. It is NOT hard work, but deceptive guile.