 | |
| Company type | Public |
|---|---|
| OTC Pink: CGIP | |
| Industry | |
| Founded | May 1985 |
| Founders |
|
| Defunct | December 8, 2019 |
| Fate | Bankruptcy as a result of fraud |
| Headquarters | , United States |
Area served | North America |
Key people | |
| Revenue |  US$1.065 billion (2016) |
 US$24.844 million (2016) | |
| Total assets | US$1.103 billion (2016) |
| Total equity | US$381.015 million (2016) |
| Subsidiaries |
|
| Website | Archived official website at the Wayback Machine (archived December 8, 2019) |
| Footnotes / references [1] | |
Celadon Group, Inc. was a truckload shipping company located in Indianapolis, Indiana. It was one of the ten largest truckload carriers in North America and at its peak operated 4,000 trucks and owned an additional 11,000 trucks through Quality Equipment, its leasing division.[2]
On December 8, 2019, Celadon Group, Inc. and 25 affiliates filed for bankruptcy protection with the intent to fully dissolve the business. Primary business unit Celadon Trucking as well as two subsidiaries, Jaguar Transportation and Hyndman Transport, were shut down in December 2019[3] while the final subsidiary, Taylor Express, continued operating and was sold in January 2020 to White Willow Holdings.[4]
- ^ Celadon Group, Inc. 2016 Form 10-K Annual Report Archived 2016-11-11 at the Wayback Machine. sec.gov
- ^ Hampstead, John Paul (6 December 2019). "Celadon bankruptcy, biggest in truckload history, expected by midweek (with video)". FreightWaves. Archived from the original on 14 April 2021. Retrieved 10 February 2022.
- ^ "Federal Judge Approves First Stage of Celadon Bankruptcy Plan". 12 December 2019. Archived from the original on December 13, 2019. Retrieved December 14, 2019.
- ^ Ronan, Dan (24 January 2020). "Celadon Reaches Deal to Sell Taylor Express for $14.5 Million". Transport Topics. Archived from the original on 16 August 2021. Retrieved 16 August 2021.