Celadon Group
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International
The mysterious resurrection of Celadon’s Mexican business
Bankrupt Celadon Group reveals employees in Mexico recently restarted operations of its transportation businesses after labor disputes. Court filings paint a murky picture of what’s…
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International
PAM Transport looks to buy Celadon’s Mexican business, court filings show
Deal to purchase bankrupt Celadon Group’s Mexican subsidiaries, including Jaguar Transportation, for $7 million would expand PAM Transportation Services’ footprint south of the border.
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Canada
Canadian judge OKs Celadon’s sale of Hyndman HQ, terminal
Court orders pave the way for bankrupt Celadon to move forward with existing deals to sell two Canadian properties of Hyndman Transport for a combined…
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American Shipper
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News
Bankrupt Celadon seeks $900,000 in bonuses for executives, court filings show
Company argues payouts will maximize value during the wind-down of its North American trucking businesses, but the proposal faces resistance from a U.S. federal trustee.
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News
Maple Leaf Motoring: Celadon creditors aren’t ‘screwing the Canadians,’ lawyer says
Lawyers for Celadon and former Hyndman Transport employees argue over whether the U.S. company behaved badly in Canada.
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News
Celadon brings U.S. bankruptcy to Canada in victory for ex-Hyndman drivers
Ontario judge agrees to recognize Celadon’s Chapter 11 case and appoints trustee to supervise liquidation of Canadian assets.
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News
Celadon drained cash of Canadian trucking business, former Hyndman executive alleges (with video)
Ex-chief financial officer of Hyndman Transport accuses Celadon in affidavit of depleting funds generated by profitable core business in Canada and hurting former drivers’ and…
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Canada
Celadon to formalize Hyndman bankruptcy in Canada as judge bars funds transfers
Celadon Group plans to ask Canadian court to recognize its U.S. Chapter 11 case as judge takes further steps to lock down Hyndman Transport assets.
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Canada
Celadon doubles down on Hyndman liquidation as Canadian court fight looms
Sale of Winnipeg terminal for C$4.25 million to commercial real estate firm appears set to be tied up in Canadian courts, where U.S. trucking giant’s…
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