Former Celadon employees, drivers describe chaos after abrupt bankruptcy filing
Story by: Clarissa Hawes @http://freightwaves.com Days after thousands of employees and truck drivers for Celadon Group Inc. received word that the carrier, one of North America’s largest, was filing for Chapter 11 bankruptcy protection, many are still struggling to take in the news. While rumors were swirling on social media that the carrier was […]
Learn MoreCalifornia’s AB 5 will impact trucking companies and shippers
Story by: Vishnu Rajamanickam @ FreightWaves.com Ever since California Gov. Gavin Newsom signed Assembly Bill 5 (AB 5) in September, there has been heated debate around changes to the gig economy. AB 5 lays out stricter regulations for the way companies classify their independent contractors, who lawmakers said were often exploited. The gig economy […]
Learn MoreCeladon’s closure an opportunity for other companies in turbulent times
Story by: Noi Mahoney @ http://FreightWaves.com 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 Mexico. “Celadon is one of the […]
Learn MoreMulti-day snowstorm to slam western US (with forecast video)
Story by: Nick Austin, Director of Weather Analytics and Senior Meteorologist @ FreightWaves.com A prolonged stretch of wintry weather begins today, Dec. 11, in the mountains of the Pacific Northwest, the northern Rockies and other high elevations of western states. Disruptions are likely to affect transportation and freight movement, in addition to local and […]
Learn MoreTruck driver caught with 3 million dollars hidden in barrels full of pork
Cleveland County Sheriff’s Office Press release. On Saturday, December 7, 2019 a deputy with the Community Interdiction Team stopped a tractor-trailer driven by a Hispanic male traveling southbound on Interstate 85 for failure to maintain lane and impeding the flow of traffic. Based on the officers training and experience and a K-9 alert, the tractor-trailer […]
Learn MoreBankrupt Celadon’s Mexican carrier Jaguar Transportation reportedly shuts down
Story by: Noi Mahoney @ FreightWaves.com Drivers at one site block access to trucks and trailers in hopes of ensuring they will be paid 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 […]
Learn MoreWhy Celadon is filing Chapter 11 instead of Chapter 7
Story by: Craig Fuller, CEO at FreightWaves 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 […]
Learn MoreCeladon’s Mexican carrier Jaguar Transportation ‘still pulling strong’
Story by: Noi Mahoney @ FreightWaves.com Jaguar Transportation, the Celadon-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,” Jaguar company officials said in an email […]
Learn MoreCeladon’s Canadian carrier Hyndman Transport shuts down, drivers “in shock”
Story by: Nate Tabak, Canada Correspondent @ freightwaves.com “Drivers “in shock” and blame the troubles of their U.S. parent company for causing Canada’s largest trucking failure of 2019”. Four days before Celadon Group filed for bankruptcy, its Canadian subsidiary, Hyndman Transport, posted a photo apparently celebrating its latest hires at the trucking company. “Welcome to […]
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