Celadon’s Canadian carrier Hyndman Transport shuts down, drivers “in shock”
Story by:@ 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 Hyndman! #HyndmanHires,” the Dec. 5 post read.
But this morning, drivers at Hyndman’s headquarters in Ayr, Ontario, learned that the 82-year-old carrier has shut down, effectively immediately. The news amounted to a formality, with Celedon having announced that all but one of its subsidiaries would cease operating as part of its Chapter 11 bankruptcy proceedings.
“Lots of drivers are in shock,” a driver told FreightWaves on the condition that his name is not published. “So far, we are frozen. No new loads and all current drivers on loads are being told to finish them and bring their equipment back to the yard.”
Hyndman hasn’t officially announced the closure. But the shutdown will make Canada’s largest trucking failure of 2019 – the second linked to the demise of a U.S. parent company. Hyndman reportedly had about 300 trucks and handled Canadian and cross-border routes.
Story continues HERE @ freightwaves.com
The original story first appeared @ freightwaves.com
Source and credits: freightwaves.com // iTrucker / Mario Pawlowski