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 ...
The leaders of beleaguered carrier Celadon Group said they were focused on “getting back to basics” after a year of turmoil and an inevitable delisting of its stock by the New York Stock Exchange. CEO ...
Celadon Group Inc. filed for Chapter 11 bankruptcy early Monday and said it had given up trying to restructure its operations and is shutting down immediately—a move that will wipe out nearly 4,000 ...
With headquarters in Indianapolis, Celadon employs approximately 4,000 employees and operates roughly 3,400 tractors and 10,000 trailers. Photo by Alan Petersime. A key lesson from the April 25 ...
An investor that helped Celadon Group Inc. refinance its debt has acquired nearly half of the company through a $165 million deal that the motor carrier said will help it move forward with its ...
INDIANAPOLIS, Ind. — One of America’s biggest trucking firms, Indianapolis-based Celadon, filed for Chapter 11 bankruptcy early Monday morning. They shut down all business operations, which affects ...
The Celadon Group said this month it is facing a criminal investigation into discrepancies within its required earnings filings. Last year, the company’s stock was delisted from the New York Stock ...
Celadon Group, one of the country’s largest trucking companies, has agreed to pay more than $42 million in restitution to end a criminal investigation into allegations that the company misled ...
Celadon Group Inc. filed for Chapter 11 bankruptcy Dec. 9 and said it had given up trying to restructure its operations and is shutting down immediately—a move that wiped out nearly 4,000 jobs. The ...
Developer Scott Henry’s newest plan will restore a Queen Anne-style, brick and limestone landmark built in 1881 on Chicago’s South Side to the tune of $85 million. The Roseland native’s firm, Celadon ...