Celadon

Celadon Group's (OTC: CGIP) shutdown comes after cross-border shipping had already lost several other full truckload (TL) carriers this year that provided Mexico service. Matt Silver, founder and CEO of Chicago-based Forager, said Celadon's closure will affect freight capacity in both the U.S. and...

Michael Ceravolo of Beemac Logistics and Jordan Reber of ARL Logistics are making Pittsburgh a hub for supply chains. Also, 2019 has been a tough year for carriers in this episode our experts offer advice on navigating the next five years in freight. Listen to more FreightWaves Podcasts...

A free job board FreightWaves established to connect those seeking new employment in the freight industry after the Celadon shutdown has quickly gained popularity with employers. The job and career board connects recruiters, companies and applicants in finding logistics talent nationwide. On...

Anthony and Zach discuss the recent Celadon shutdown and how it lines up with current freight market conditions; a disappointing manufacturing sector; consumers appear to be on another spending spree funded by debt. Image Sourced from Pixabay

As news of Celadon's coming bankruptcy spread over the weekend, the leadership of Canadian trucking company C.A.T. took little pleasure from the demise of its competitor — even as it stood to gain drivers and freight. "We don't like to see other trucking companies go out of business," President...

Mexican carrier Jaguar Transportation stopped its trucking services this morning (Dec. 10) and could be shutting down as part of Celadon's Chapter 11 filing Dec. 9. Several freight and logistics professionals confirmed to FreightWaves that cross-border account representatives for Jaguar...

Last Friday, December 6, FreightWaves reported that Celadon intended to file Chapter 11 bankruptcy and now the company has made it official. On the surface, it sounds like Chapter 11 will give hope to at least some of the 4,000 employees at the company. Chapter 11 is the process used to describe a...

In light of the Celadon shutdown, we have established a free job board for companies to post jobs and for employees looking for employment in the freight industry to post resumes. Celadon office employees are left without health benefits and accrued PTO, making this holiday season more stressful....

Jaguar Transportation, the Celadon (OTCMKTS: CGIP)-owned carrier based in Mexico, says it will remain operational and continue its cross-border shipping. "Jaguar will operate in the same way it has been working. The situation that Celadon is going through does not compromise this company at all,"...

On this episode Dooner & FreightWaves CEO Craig Fuller are joined by Celadon bankruptcy story breaker JP Hampstead, news director Emily Szink, Freight Broker Live's Steve Oatley, and The Dart Network's Dave Ables. Apple Podcasts Spotify Watch the LIVE video Visit our sponsor More...

Drivers for Celadon Group Inc. (OTC: CGIP) appear to have been the last ones to find out about the company's imminent bankruptcy and shutdown of its over-the-road trucking operation, leaving many of them stranded on highways with no instructions on how to dispose of their rigs and freight or...

Celadon Group (OTC: CGIP) will file for bankruptcy protection under Chapter 11 no later than Wednesday, December 11, according to internal sources. The Indianapolis-based, publicly-traded trucking carrier employed more than 3,200 drivers and took in more than $1 billion in gross revenue as recently...

Two former executives of Celadon Group Inc. (OTCMKTS: CGIP) have been indicted in an alleged complex securities and accounting fraud scheme that cost the truckload and logistics company's shareholders more than $60 million, federal prosecutors said Dec. 5. Former Chief Operating Officer William...