Do not lease through Celadon go where you can find your on loads

Discussion in 'Celadon' started by BITTYTHE-KNIGHTRIDER, Sep 9, 2015.

  1. Maj. Jackhole

    Maj. Jackhole Heavy Load Member

    807
    4,202
    Mar 19, 2017
    0
    Horse manure!
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Classified 007

    Classified 007 Bobtail Member

    38
    5
    Sep 5, 2017
    0
    Quality and celadon a great way to earn money...Yup...Don't listen to the haters,all they do is send out FAKE news....Yup
     
  4. Danajc

    Danajc Light Load Member

    59
    21
    Sep 7, 2017
    0
    We are not haters, just drivers that has been screwed over by Celadon.
     
  5. Classified 007

    Classified 007 Bobtail Member

    38
    5
    Sep 5, 2017
    0
    Lmao haters are so serious about there hate...Lmao
     
  6. Danajc

    Danajc Light Load Member

    59
    21
    Sep 7, 2017
    0
  7. Classified 007

    Classified 007 Bobtail Member

    38
    5
    Sep 5, 2017
    0
    Lmao The haters have a hard time with accounting.....Lmao Another wonderful week here at celadon trucking....It's all good
     
  8. Danajc

    Danajc Light Load Member

    59
    21
    Sep 7, 2017
    0
    Celadon has a hard time with accounting.

    Celadon has signed a term sheet for a new $225 million asset-based revolving credit facility led by Bank of America that is expected to close during the June quarter and an amendment to its existing credit facility to waive potential defaults and provide interim liquidity.

    Celadon Group Announces Corporate Updates

    From Celadon's SEC investigation filing info:
    We do not currently expect to be in compliance with our financial covenants on September 30, 2017, and, as a result, have undertaken a process whereby we would refinance our Credit Agreement. The agent and lenders under the Credit Agreement have been cooperative in our refinancing process, but we cannot assure you they will continue to cooperate with us.

    If we fail to reach an agreement with our equipment lenders and lessors regarding maturity extensions and other needed accommodations, and we fail to make the required maturity payments, they could accelerate our obligations and foreclose on their collateral, which could negatively impact our ability to complete the refinancing of our Credit Agreement.

    https://www.sec.gov/Archives/edgar/data/865941/000100888617000105/form8k.htm
     
  9. Classified 007

    Classified 007 Bobtail Member

    38
    5
    Sep 5, 2017
    0
    Just another great week here at celadon...Lmao good luck...LOL haters crack me up
     
    Last edited: Sep 15, 2017
  10. slow.rider

    slow.rider Road Train Member

    2,005
    4,740
    Apr 4, 2017
    NYC
    0
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.