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Newsby StaffJanuary 29, 2020

STG Logistics Names CEO

STG Logistics, a provider of specialty 3PL services, has appointed Paul Svindland to serve as CEO. STG Chairman and Interim CEO, will continue to serve as the company’s chairman.

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Newsby David CullenDecember 9, 2019

Celadon Files Chapter 11; Shut Down of Operations Under Way

Celadon CEO Paul Svindland told HDT that the company’s "intent is to ensure drivers deliver their last loads safely and will then be instructed on where to deliver their equipment.”

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Newsby StaffAugust 13, 2019

Celadon Hires Former Swift CEO to Lead Turnaround

Celadon Group has named former Swift CEO Richard Stocking chief transformation officer of Celadon Trucking Services, its primary U.S. truckload business.

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Newsby StaffAugust 1, 2019

Celadon Secures $165 Million in Long-Term Financing

Celadon Group has announced that it has refinanced its former revolving credit facility and obtained $165 million in new financing.

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Newsby StaffApril 26, 2019

Bison Transport Acquires Intermodal Assets of Celadon Group

Canadian motor carrier Bison Transport has acquired all of the assets of the container on flat car intermodal operations of Celadon Group.

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Newsby David CullenApril 25, 2019

Celadon Admits to Securities Fraud, Must Pay $42 Million in Restitution

The Department of Justice announced on April 25 that Celadon Group, Inc. has agreed to pay $42.2 million in restitution for filing materially false and misleading statements to investors and falsifying books, records, and accounts.

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Newsby StaffApril 15, 2019

TA Services Acquires Logistics Arm of Celadon Group

TA Services, the third-party logistics and brokerage division of PS Logistics, has acquired certain assets of Celadon Logistics from Celadon Group.

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Newsby Evan LockridgeApril 4, 2018

Celadon Faces Stock Delisting, Must Restate Financial Results

Troubles continue to mount for Indiana-based trucking company Celadon Group Inc. after it launched an internal investigation into its accounting practices nearly a year ago.

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NewsFebruary 15, 2018

Celadon Upgrades CelaTrac Freight Tracking Software

Celadon Group has released open beta testing to all users for its newly updated customer load-tracking platform CelaTrac.

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NewsOctober 12, 2017

Celadon Adds Independent Director to Board

Amid a financial restructuring and an investigation by the U.S. Securities and Exchange Commission, Celadon Group has announced the appointment of a new independent director to its board.

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