We bought Celadon’s old terminal on Shearer Drive in Carlisle, Pennsylvania. Just came online last week. So it’s no secret they’re selling assets left and right to bring in cash.
Celadon on the ropes...
Discussion in 'Celadon' started by double yellow, May 3, 2017.
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Not necessarily: we are reorganizing... shedding to go back to just being a trucking company.. no more quality.. and that was a quality terminal... good move in my eyes..
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That typically means a company OVEREXPANDED and has to divest itself of assets. Reminds me of Braniff and Pan Am.
Highway_Executive Thanks this. -
Yep! I agree.. there were really bad decisions made, then, they tried to cover it up.. Now, new management are really working hard to reorganize us..
Bean Jr. Thanks this. -
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Last edited: Nov 7, 2017
driverdriver, Bean Jr. and Waterboy334 Thank this. -
Woohoo! I’m feeling ok about it; yes, it will be a few years to cover the losses, but, I hope we will make it!
driverdriver Thanks this. -
dancecanyon, laaylor and spyder7723 Thank this.
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