Celadon closing up shop!
Discussion in 'Truckers News' started by drvrtech77, Dec 7, 2019.
Page 16 of 30
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Looks like a freightliner cascadia..
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Big G, where I work is offering transportation and expedited hiring process for displaced Celadon drivers.
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Celadon is getting bus tickets for any driver that hasn't made it home yet. They aren't leaving anyone stranded.
They offered to keep me there until Wednesday to help wind things down. I opted to walk now.
At least they had the integrity to not leave them stranded.
As for the 12 million market cap, that's peanuts compared to the $175 million owed to the lenders.
Party is quite over.autopaint, 88 Alpha, Jarhed1964 and 7 others Thank this. -
Jarhed1964 Thanks this.
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My Celadon stock was worth about 28 bucks last night. Today it's worth about $2.21.
I can't even sell it -
I appreciate it. I'll be fine, I have options. The drivers have options. There are quite a few people that are not so lucky. I feel very bad for those people.88 Alpha, Jarhed1964, Gearjammin' Penguin and 4 others Thank this. -
I'll probably just hang on to it in case the NC subsidiary winds up being worth anything...bzinger Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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