Accounting Fraud & Freight Recession Topple Celadon, Largest Truckload-Carrier Bankruptcy in US History

Celadon Group, one of the larger full-truckload operators in the US with about 3,000 drivers and about 2,700 tractors, said today – confirming days of rumors – that it filed for Chapter 11 bankruptcy and is ceasing operations. This is the largest truckload carrier ever to file for bankruptcy in US history.

 

 

 

 

 

 

https://wolfstreet.com/2019/12/09/accounting-fraud-freight-recession-topple-celadon-largest-truckload-carrier-bankruptcy-in-us-history/