Celadon closing up shop!

Discussion in 'Truckers News' started by drvrtech77, Dec 7, 2019.

  1. CeladoneDM

    CeladoneDM Bobtail Member

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    They are listing a lot of companies on that that don't really exist anymore. Companies that were sold off or absorbed into Celadon.

    For example, Celadon Logistics was sold to TA Services. They are no longer a part of Celadon. Osborn Transportation was absorbed into Celadon. The only existed on the side of some trailers. Every employee of Osborn was transitioned to a Celadon employee.
     
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  3. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    If you didn't suspect a problem, why would you need to be told everything is fine, fine, fine?
     
  4. CeladoneDM

    CeladoneDM Bobtail Member

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    You would have had to have been in the meetings.. Just our normal morning meeting, Friday even featured a briefing about a new safety initiative they were promoting. The word was that we were hitting our revenue numbers and we were doing what we needed to do. "Keep up the good work". It wasn't a case of paranoia that they were trying to squash.

    Then the story came out overnight Friday...
     
  5. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    So you were without clue?

    Your story sounds like that of a certain nation that blindly followed a certain man, " If you could have heard his voice...……"
     
  6. CeladoneDM

    CeladoneDM Bobtail Member

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    I would say that most of us had a bad feeling about the future, but none of us had any idea that it would happen then. I was guessing at least 6 months before something would happen. Frankly, most people were thinking a buyout would happen. Not a complete closure.
     
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  7. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    And you were basing your timeline on the numbers your executives were posting?
     
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  8. CeladoneDM

    CeladoneDM Bobtail Member

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    I was a wild ### guess to be sure.
     
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  9. drvrtech77

    drvrtech77 Road Train Member

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    Frankly..the writing was on the wall...how anyone could be shocked that this happened is beyond me...of course mgt is going to paint a rosey picture because they don't want mass exodus....it wasn't if they went under but when...it was inevitable without a doubt.
     
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  10. CeladoneDM

    CeladoneDM Bobtail Member

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    Hindsight being what it is and all...
     
  11. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    What does that mean?
     
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