Bankrupt Celadon’s Mexican carrier Jaguar Transportation reportedly shuts down
Story by:@ 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 logistics professionals confirmed to FreightWaves that cross-border account representatives for Jaguar Transportation said they had ceased services. At one of the company’s locations, the news prompted drivers who feared they would not be paid to block access to scores of trucks and trailers.
Jesus Alvarez, head of carrier sales for digital freight marketplace Fr8Hub, has been in contact with Jaguar Transportation officials the past few days.
At first, Jaguar officials indicated to him that the Mexican carrier would keep operating. But Alvarez said Jaguar employees are now learning the company is closing.
“It went from being a normal day to cutting positions, telling drivers to bring the equipment back — end services,” Alvarez said.
Jaguar Transportation has not made an official announcement about closing. Company officials emailed FreightWaves on Dec. 9, stating, “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.”
Story continues HERE @ freightwaves.com
Source and credits: freightwaves.com / Noi Mahoney/ iTrucker / Mario Pawlowski