Celadon on the ropes...

Discussion in 'Celadon' started by double yellow, May 3, 2017.

  1. tampadedicated

    tampadedicated Light Load Member

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    D59B079C-A2DE-4BF8-BDBB-F230413AB919.jpeg I fixed the Facebook banner they have
     
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  2. tampadedicated

    tampadedicated Light Load Member

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    No problem man. I live off 465 and 31, but use to live a couple miles from the HQ.
    They've been a large reason for cheap ### freight across the industry, along with other megaturds
     
    Jarhed1964 and Bean Jr. Thank this.
  3. haz-matguru

    haz-matguru Road Train Member

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    Why would you sit around for free and wait to be told what you already knew?

    There are and were too many decent opportunities to gain employment of 75k or better. Instead of trying with a worthless carrier. When will people learn that longevity means nothing in today's trucking world, the good managers from the 90's and earlet 2000's have retired!
     
    Bean Jr. and Jarhed1964 Thank this.
  4. VolunteerTrucker

    VolunteerTrucker Light Load Member

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    That guy actually did well. It was a miracle to keep the company afloat after the prior mismanagement. The management that took over in 2017 did everything they could.
     
  5. VolunteerTrucker

    VolunteerTrucker Light Load Member

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    Ever heard of almost any tech company? Snapchat has never even come close to a profitable quarter yet they don't seem to have any capital issues.
     
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  6. double yellow

    double yellow Road Train Member

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  7. Midwest Trucker

    Midwest Trucker Road Train Member

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    Dang man hate to see that. Looks like your others are going nicely at least.

    Nice, I’m close by on the SW side. Practically neighbors. lol
     
    double yellow Thanks this.
  8. DUNE-T

    DUNE-T Road Train Member

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    @Ridgeline are you buying parts of the Celadon?
     
  9. tampadedicated

    tampadedicated Light Load Member

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    Yep. Same with uber, Lyft, bynd and every other ipo this year lol.
    Valuations are a little different when it comes to the "digital" company's, versus brick and mortar physical asset based company's just for the simple fact of easy scalability, and the never ending hedge fund bets and hedging on growth market trends in my opinion, but even being my opinion, I've been in the IT industry 25yrs and its a repeatable cycle you see over and over. Its more of a formula at this point than hedging though
     
    Last edited: Dec 9, 2019
    Bud A., Bean Jr. and Jarhed1964 Thank this.
  10. tampadedicated

    tampadedicated Light Load Member

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    yeah I know I was being sarcastic and taking a swipe at Swift
     
    Last edited: Dec 9, 2019
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