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.
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.”
Celadon Group has named former Swift CEO Richard Stocking chief transformation officer of Celadon Trucking Services, its primary U.S. truckload business.
Celadon Group has announced that it has refinanced its former revolving credit facility and obtained $165 million in new financing.
Canadian motor carrier Bison Transport has acquired all of the assets of the container on flat car intermodal operations of Celadon Group.
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.
TA Services, the third-party logistics and brokerage division of PS Logistics, has acquired certain assets of Celadon Logistics from Celadon Group.
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.
Celadon Group has released open beta testing to all users for its newly updated customer load-tracking platform CelaTrac.
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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