Celadon collapses because of ‘legacy and market headwinds’

Celadon_Trucking

North American trucking and logistics provider Celadon Group has entered into Chapter 11 bankruptcy proceedings and has shut down its operations, which involve 25 affiliates…

North American trucking and logistics provider Celadon Group has entered into Chapter 11 bankruptcy proceedings and has shut down its operations, which involve 25 affiliates. The only branch still operating is Taylor Express in North Carolina, which continues to provide transport services for tyre makers. With regard to that operation Celadon said it was exploring “a going concern sale of its operations”, according to a statement from the company…

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