Celadon News Updates

Government, Business

Fraud Charges Against Former Celadon Executives Dismissed

A fraud prosecution of two former executives of now-defunct Celadon Group Inc. that has lingered in the courts for nearly three years has been dismissed at the request of the U.S. government amid allegations of inaccurate statements by an FBI agent working on the case.

September 21, 2022
Government, Business, Logistics, Top 100

Celadon Might Sell Texas Facility as Bankruptcy Proceedings Continue

According to bankruptcy court documents, P.A.M. Transportation Services Inc. is seeking to purchase a trucking terminal and property in Laredo, Texas, that is owned by Celadon Group.

February 5, 2020
Business, Logistics

Ex-Celadon CEO Paul Svindland Gets Same Post at STG Logistics

STG Logistics has hired Paul Svindland as CEO, the Chicago-based company announced Jan. 28.

January 30, 2020
Business, Logistics, Top 100

Celadon Sells Logistics Group, Hopes for Financial Reporting in Fall

Celadon Group Inc. is selling its Celadon Logistics brokerage and third-party logistics subsidiary in a $60 million deal that helps advance the Indianapolis-based company’s plan to shore up its business in the wake of accounting troubles that date back several years.

April 22, 2019
Logistics

Celadon Gets March 31 Extension on Credit Lines

Celadon Group has again received an extension on its revolving credit line from a group of lenders led by Bank of America.

January 2, 2018