I didn't just join today. I'm not here often, just stopped by today to see the Celadon news & noticed someone posted a nice & helpful gesture for drivers who could be hurting & I threw in my 2 cents to vouch for the company as I know that company very well. Then a know-it-all decided to run their mouth so here I am replying again
Celadon closing up shop!
Discussion in 'Truckers News' started by drvrtech77, Dec 7, 2019.
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bryan21384, CMBreen, Lonesome and 2 others Thank this.
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All the celadon drivers I ever talked to said their weekly paycheck was $400.
They just got a huge pay raise..they just don't know it yet..Texasgordo, Jarhed1964, LoneCowboy and 1 other person Thank this. -
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Well said and exactly right.jamespmack and Lonesome Thank this. -
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They have to maintain $5 million in cash
They cannot keep more than $10 million cash on hand (excess must pay down debt).
When you have one of your biggest clients completely shut down for 50 days, it makes it hard to maintain that goldilocks cash position...Jarhed1964, Long FLD, Revjoy and 2 others Thank this. -
This current management group is not responsible for this, they were attempting to bail out a sinking ship.Jarhed1964, drvrtech77, Revjoy and 2 others Thank this. -
nah, why take a chance on a failure soon to be, when they have already begun sinking?
not me, i'd had parked that truck this weekend, and got home.Jarhed1964 and LoneCowboy Thank this. -
Jarhed1964, 88 Alpha, Swedish Chef and 4 others Thank this.
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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