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Former Celadon Employees, Drivers Describe Chaos After Abrupt Bankruptcy Filing
December 13, 2019
Days after thousands of employees and truck drivers for Celadon Group Inc. received word that one of North America's largest ...
Tags
Freight
Markets
Market News
From
Benzinga
Celadon's Closure An Opportunity For Other Companies In Turbulent Times
December 12, 2019
Celadon Group's (OTC: CGIP) shutdown comes after cross-border shipping had already lost several other full truckload (TL) carriers ...
Tags
Market News
Freight
Markets
From
Benzinga
Rival Carriers Rush To Assist Stranded Celadon Drivers
December 09, 2019
Drivers for Celadon Group Inc. (OTC: CGIP) appear to have been the last ones to find out about the company's imminent bankruptcy and ...
Tags
Freightwaves
trucking
Celadon
From
Benzinga
Celadon, Biggest Bankruptcy In Truckload History Expected By Mid-Week
December 09, 2019
Celadon Group (OTC: CGIP) will file for bankruptcy protection under Chapter 11 no later than Wednesday, December 11, according to ...
Tags
News
Benzinga
Freight
From
Benzinga
Two Former Celadon Executives Charged With Securities Fraud
December 06, 2019
Two former executives of Celadon Group Inc. (OTCMKTS: CGIP) have been indicted in an alleged complex securities and accounting fraud ...
Tags
Market News
Markets
Freight
From
Benzinga
UPDATE 1-Two ex-Celadon executives charged with fraud at trucking company
December 05, 2019
Two former top executives at Celadon Group Inc have been charged with fraud and lying to auditors by concealing losses in the trucking company's aging fleet as the market softened, the U.S. Department...
Tags
companyNews
From
Reuters: Company News
Two ex-Celadon executives charged with fraud at trucking company
December 05, 2019
Two former top executives at Celadon Group Inc have been charged with fraud and lying to auditors by concealing losses in the trucking company's aging fleet as the market softened, the U.S. Department...
Tags
companyNews
From
Reuters: Company News
Celadon Announces Former Swift Head Will Lead Trucking Unit Turnaround
August 13, 2019
Two weeks after receiving long-term financing, Celadon Group (OTCPink: CGIP) named Richard Stocking, the former chief executive officer ...
Tags
General
CGIP
Supply Chain
From
Benzinga
Celadon Group Engages Former Swift Transportation Company CEO, Richard Stocking, as Celadon Trucking's Chief Transformation Officer
August 12, 2019
- DPX Consulting, founded by Stocking, will oversee U.S. Truckload turnaround
From
PR Newswire
Celadon's Outlook Receives A Boost
August 01, 2019
Celadon Groupannounced that it has received $165 million in new long-term financing. The new three-year financing plan consists ...
Tags
trucking
Freightwaves
Earnings
From
Benzinga
Celadon Group Completes $165 Million in New Long-Term Financing
July 31, 2019
- Stable long-term capital structure replaces expiring credit facility
From
PR Newswire
Celadon Announces Extended Maturity On Credit Facility, Increased Borrowing Limit
June 28, 2019
Celadon Group (OTCPink: CGIP) announced the eighteenth amendment to its credit facility which extended the maturity date and increased ...
Tags
News
CGIP
Supply Chain
From
Benzinga
Celadon Group Announces Bank Amendment to Extend Maturity Date and Provide Additional Liquidity
June 28, 2019
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today that it has entered into an Eighteenth Amendment to its credit facility to extend the maturity date and...
From
PR Newswire
Celadon Group Announces Update Concerning Refinancing Efforts and Bank Amendment
May 29, 2019
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today a company and refinancing update and that it has entered into a Seventeenth Amendment to its credit...
From
PR Newswire
Celadon Group Announces Executive Title Changes
May 07, 2019
Celadon Group, Inc. ("Celadon," the "Company," or "we") (OTCPink: CGIP) announced today title changes for certain executive officers.
From
PR Newswire
Celadon Group Divests Assets Associated with Intermodal Business Unit
April 26, 2019
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today that it has disposed of substantially all of the assets associated with its North American "container on...
From
PR Newswire
Celadon Group Announces Resolutions of DOJ and SEC Investigations
April 25, 2019
Celadon Group, Inc. ("Celadon," the "Company," or "we") (OTCPink: CGIP) announced today that it has reached resolutions with the U.S. Department of Justice, Criminal Division, Fraud Section, the U.S....
From
PR Newswire
Celadon Group Divests Its Asset-Light Logistics Division
April 16, 2019
Celadon Group, Inc.announced that it sold its freight brokerage and managed transportation business, Celadon ...
Tags
General
Logistics
Benzinga
From
Benzinga
Celadon Group Divests Logistics Business Division
April 15, 2019
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today that it has disposed of substantially all of the assets used in its Logistics business division (the...
From
PR Newswire
Celadon Group Divests A&S/Kinard and Buckler Transport Business Units and Amends Credit Agreement
April 01, 2019
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today that it has disposed of its A&S Kinard and Buckler Transport subsidiaries (collectively, "A&S/Buckler") in...
From
PR Newswire
Summary Notice of Pendency of Stockholder Derivative Action, Proposed Settlement of Stockholder Derivative Action, Settlement Hearing, and Right to Appear
February 08, 2019
The following is being released by Celadon Group, Inc. pursuant to an Order of the Indiana Commercial Court venued in Marion County Superior Court 1:
From
GlobeNewswire News Releases
Celadon Group Releases Letter with CEO Health Update
December 11, 2018
Celadon Group, Inc. (OTCPink: CGIP) issued the following message from its Chief Executive Officer, Paul Svindland.
From
PR Newswire
Celadon Group Announces Extension of Credit Agreement Maturity Date
November 29, 2018
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today that it has entered into a Twelfth Amendment to its existing credit agreement (the "Amendment"). The...
From
PR Newswire
Celadon Group Announces Closing of 19th Capital Disposition
October 22, 2018
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) today announced it has completed the sale of its approximately 49.9% equity interest in 19th Capital Group, LLC ("19th...
From
PR Newswire
Celadon Group Announces Agreement to Dispose of Interest in 19th Capital
October 02, 2018
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) today announced it has entered into an agreement to sell its approximately 49.9% equity interest in 19th Capital Group, LLC...
From
PR Newswire
Celadon Logistics earns another Top 100 3PL spot from Inbound Logistics
August 17, 2018
Celadon Logistics was again named to Inbound Logistics' annual Top 100 Third-Party Logistics Providers list, the fourth year in a row for the company.
From
PR Newswire
Celadon Group Adopts Tax Benefits Preservation Plan to Preserve Substantial Tax Assets
August 10, 2018
Celadon Group, Inc. (OTCPink: CGIP) today announced that its Board of Directors has approved the adoption of a tax benefits preservation plan (or "the plan") in the form of a Section 382 Rights...
From
PR Newswire
Celadon Group Announces Closing of Amendment to Credit Agreement
July 16, 2018
Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) today announced the closing of its previously disclosed credit agreement amendment.
From
PR Newswire
Celadon Group Announces Operations Update, Credit Agreement Amendment Term Sheet, and Termination of Previously Announced Term Loan Term Sheet
July 03, 2018
- Operational turnaround continues, with average revenue per seated tractor per week, excluding fuel surcharge revenue, up approximately 16.5% for May 2018 versus May 2017
From
PR Newswire
Celadon Group Announces Update on Refinancing, Amendment to Credit Agreement
June 18, 2018
- Company is continuing to negotiate definitive transaction documents for $300 million of new financing
From
PR Newswire
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