Truck News


Company
Celadon


  • Ontario judge bars sale of Hyndman assets

    January 17, 2020 5:20PM by Abdul Latheef

    TORONTO, Ont. – An Ontario judge has barred U.S.-based Celadon Group from selling the assets of its Canadian subsidiary as he considers a motion for placing Hyndman Transport under receivership. “The Canadian assets shall not be sold without the approval

  • Hyndman closed as Celadon files for bankruptcy

    December 10, 2019 7:56AM by Truck News

    AYR, Ont. – Hyndman Transport has been shuttered as part of a Chapter 11 bankruptcy filing by parent company Celadon. Hyndman was the Canadian division of Celadon, and has been in business for more than 75 years. Hyndman management didn’t

  • Celadon unloads logistics business assets

    April 15, 2019 1:15PM by John G Smith

    INDIANAPOLIS, Ind. – Celadon Group has sold the assets used in its logistics business in an all-cash deal with TA Services, a subsidiary of PS Logistics. The deal was part of a broader strategic plan to streamline operations, reduce debt,

  • Celadon to restate prior financials, likely to be delisted

    April 3, 2018 8:06AM by Truck News

    INDIANAPOLIS, Ind. – Celadon Group announced yesterday that its financial statements for the fiscal year 2016 and the quarters ended Sept. 30, 2016 and Dec. 31, 2016 remain under internal investigation. The company also reviewed its current and historical accounting

  • Behind the Kriska-Mullen deal

    September 25, 2014 11:00PM by Carolyn Gruske

    Kriska COO Jonathan Wahba gives an in-depth explanation of the deal between Kriska and Mullen and how it will affect Mill Creek, existing customers and Canadian trucking industry.