Celadon closing up shop!

I got confirmation last night from several drives that they did get paid. I have not checked my bank yet to see if I got paid.

 

Course you haven't.

 

Yes, i was o/o with Canadian branch i just checked my bank account and trip settlement ( i still can log in driver portal) and they paid every cent on my last two trips, as usually Friday morning. Nice surprise, i didn't expect to see any $, especially for us owner operators.

 

I did get paid....

 

I was told all miles would be paid, but escrow accounts would not be paid, did you get that back?

 

I did not lease the truck from Celadon, didn't have escrow deductions for truck repair , company lease only .

 

Seems to me this proves what so many have said starting with laaylor way back, that Celadon was a genuinely decent outfit that played fair.

Universally when I read of companies folding it starts with the staff getting screwed then goes downhill from there, so when a company that practices what it preaches goes down it's a huge loss to our world, there aren't many of them.

So many people facing an uncertain short term future still saying good things about Celadon says it all, taking it all round this is a big loss to all of us.

 

For the most part, they are trying their best to do the right thing. From what I have been told by former co-workers, there are 5 people left in Operations today wrapping up the final moves. I have been doing what I can to help a few drivers that I know of get home. I'm told there are also a few people that are still working in billing that are trying to wrap up things.

No one there wanted this to go down this way. Most of the folks responsible for setting up this failure are going to pay for it with fines and jail time.

While I generally approved of how business was handled in the last year, there were a few things I thought management could have done differently to keep the company going, but well, there goes hindsight being 20/20 again. To me the consultants that were brought in were a waste of time/money. But, as they had turned around a much larger company in the past, it was felt that they were very qualified to turn Celadon around. As it turns out, it was just an expense that they should not have taken on.

The freight market coupled with the costs are ultimately what killed Celadon though. Our maintenance costs were unbelievably high. That along with having to fill trucks with broker freight, things weren't sustainable.

 

Put alot of people under.

 

I left Hyndman over 2 year ago and I can still Log into the driver portal. Glad you were paid up. One thing for sure the Hyndman operation looked after their people.