Celadon Group

Celadon Group, Inc. was a truckload shipping company located in Indianapolis, Indiana. It was one of the ten largest truckload carriers in North America and at its peak operated 4,000 trucks and owned an additional 11,000 trucks through Quality Equipment, its leasing division.

Celadon Group, Inc.
Company typePublic
Traded as
OTC Pink: CGIP
Industry
  • Transport
  • Logistics
FoundedMay 1985 (May 1985)
Founders
  • Stephen Russell
  • Leonard Bennett
FateBankrupt
Headquarters
Indianapolis, Indiana
,
United States
Area served
North America
Key people
  • Paul Svindland (CEO)
  • Jon Russell (COO)
  • Thom Albrecht (CFO)
Revenue US$1.065 billion (2016)
Net income
 US$24.844 million (2016)
Total assets US$1.103 billion (2016)
Total equity US$381.015 million (2016)
Subsidiaries
  • Celadon Logistics (until 2019)
  • Celadon Trucking Services (until 2019)
  • Hyndman Transport (until 2019)
  • Jaguar Transportation (until 2019)
  • Taylor Express (2015–2020)
Websiteceladontrucking.com
Footnotes / references

On December 8, 2019, Celadon Group, Inc. and 25 affiliates filed for bankruptcy protection with the intent to fully dissolve the business. Primary business unit Celadon Trucking as well as two subsidiaries, Jaguar Transportation and Hyndman Transport, were shut down in December 2019 while the final subsidiary, Taylor Express, continued operating and was sold in January 2020 to White Willow Holdings.

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