Celadon Group

FreightWaves Haul of Fame: CX Roberson was sold to Celadon

A CX Roberson patch. (Courtesy: Dale Branch Collection)

CX Roberson was the dry van division of Roberson Transportation Companies, which was located in Mahomet, Illinois. CX Roberson was founded in 1984, but the Roberson family of companies began in 1946, when Pre-Fab Transit was established by Roy Roberson and Stanley Albert. The company transported prefabricated houses, then extended the business to hauling building materials, such as ceiling tiles.

Roy Roberson’s son Roger purchased half of the company in 1975, then completed the purchase of the...

https://www.freightwaves.com/news/freightwaves-haul-of-fame-cx-roberson-was-sold-to-celadon

Comcar bankruptcy liquidation plan approved

A tractor-trailer a former Comcar Industries carrier MCT. It was sold in the Comcar bankcruptcy.

A federal judge approved plans to liquidate what little assets remain of bankrupt trucking company Comcar Industries: ostensibly real estate.

The Chapter 11 liquidation plan received approval on Wednesday in the U.S. Bankruptcy Court for the District of Delaware. The remaining assets will be sold through two trusts, with an expected recovery of $23.4 million, according to court filings. 

About $15 million will be available to creditors, according to liquidation analysis filed in the court in...

https://s29755.pcdn.co/news/comcar-bankruptcy-liquidation-plan-approved

FreightWaves Haul of Fame: Land Span, Inc. lasted nearly 88 years

A Land Span tractor-trailer on the road in better days. (Photo: Jim Allen/FreightWaves)

Land Span was founded in Lakeland, Florida in 1932, and incorporated in 1981. At one time, Land Span was a wholly owned subsidiary of Watkins industries. However, Watkins spun off the dry van portion of Land Span in 1997 when it acquired Sunco. At that time, Watkins also merged the refrigerated assets of Land Span and Sunco into its family of companies.

Land Span grew to operate not only in the United States but also in Canada and Mexico. While it was based in Florida, the company also has major...

https://s29755.pcdn.co/news/freightwaves-haul-of-fame:-land-span-inc-lasted-nearly-88-years

FreightWaves Haul of Fame: Celadon Group’s 2019 bankruptcy impacted thousands of employees

A Celadon tractor-trailer in better days. (Photo credit: FreightWaves)

It was just over a year ago (December 9, 2019) that Celadon Group filed for bankruptcy protection. In a story reported extensively by FreightWaves and other news outlets, ceasing operations immediately in one of the largest bankruptcy filings for a trucking company in recent memory. Clarissa Hawes was one of the team of FreightWaves reporters who worked on the story a year ago. She wrote an “anniversary” article a few days ago that you can read here. 

Before its bankruptcy filing, the company...

https://www.freightwaves.com/news/freightwaves-haul-of-fame-celadon-groups-2019-bankruptcy-impacted-thousands-of-employees

FreightWaves wins 4 Gold and 9 total Azbees for editorial excellence

Azbee awards

FreightWaves captured nine American Society of Business Publication Editors (Azbee) awards, including a National Gold and four Regional Gold Awards.

The association, which represents business-to-business (B2B) publishers, announced the winners of its Regional and National Azbee Awards of Excellence last week. Over 1,000 entries were received in 2020, covering 63 categories in all across B2B publishing in both online and print categories.

FreightWaves earned a National Gold Award for its coverage...

https://s29755.pcdn.co/news/freightwaves-wins-4-gold-and-9-total-azbees-for-editorial-excellence

Payouts to Celadon’s Hyndman drivers vindicate legal battle

A tractor-trailer from Celadon Group's Hyndman Transport. Hyndman truck drivers have begun receiving payouts from the Canadian government.

Truck driver Robert Mitchell, 69, didn’t think he’d get any of the pay he was owed after Celadon Group shut down Hyndman Transport in December. But in May, about C$6,800 (US$5,000) appeared in his bank account — one of hundreds of payouts likely to go out to former employees of the bankrupt U.S. trucking company’s Canadian subsidiary.

“I have a hatred for Celadon. Every little dime we can get back is a way to say, ‘Screw them,’” Mitchell told FreightWaves. “I was glad to get it.”

It amounts to...

https://s29755.pcdn.co/news/payouts-to-celadons-hyndman-drivers-vindicate-legal-battle

Third-party logistics provider pays $152,000 to recover Celadon trucks ‘quarantined’ in Mexico

A Chattanooga, Tennessee-based company had to pay more than $150,000 to retrieve five Celadon trucks “quarantined” in Mexico back in December, according to recently released court documents.

The court filings are part of the U.S. Bankruptcy Court for the District of Delaware hearings for trucking company Celadon Group, which filed for Chapter 11 bankruptcy on Dec. 9.

Sese Logistics U.S. had to pay $152,433 in fees and expenses to obtain the release of five loads of goods from Mexico in December,...

https://s29755.pcdn.co/news/third-party-logistics-provider-pays-152000-to-recover-celadon-trucks-quarantined-in-mexico

Albrecht joins Reliance Partners as CFO and CRO

Reliance Partners, the Chattanooga-based insurance agency serving the commercial transportation and trucking industries, announced Monday that Thom Albrecht has joined the company as chief financial officer and chief revenue officer.

Prior to joining Reliance Partners, Albrecht was a transportation equities analyst and investment banker for nearly 30 years at several banks, including BB&T and Stephens. In October 2017, he joined Celadon Group to help Paul Svindland attempt a turnaround, serving...

https://www.freightwaves.com/news/albrecht-joins-reliance-partners-as-cfo

Celadon in talks to sell Mexican business for $2.4 million

Tractor-trailers of Celadon's Jaguar Transportation

Bankrupt Celadon Group is pursuing a deal to sell its Mexican businesses to White Willow Holdings for $2.4 million after the proposed $7 million sale to P.A.M. Transportation Services fell through, according to a court filing.

Luminus Management-backed White Willow “put forth the best offer” for its Mexican subsidiaries, Celadon said in an April 30 filing in U.S. Bankruptcy Court. The deal also provides for 78% of Mexican tax refunds owed to Celadon – worth as much as $18.5 million – going back...

https://s29755.pcdn.co/news/celadon-in-talks-to-sell-mexican-business-for-2-4-million