Published by the Reign Bulletin on 12-12-2019
INTERNATIONAL PUBLIC NOTICE
An Indiana trucking company with nearly 4,000 employees has filed for bankruptcy and shut down all operations leaving drivers stranded all over the country.
Celadon’s closure comes just days after two former officials were charged in a fraud scheme.
Celadon Group has faced significant costs related to a federal investigation and must also deal with debt and ‘enormous challenges’ in the industry, chief executive Paul Svindland said in a statement.
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