Celadon Group (Closed 2019)

Historical reference only — Celadon ceased operations in December 2019

Historical

This company is no longer operating independently

Historical reference only — Celadon ceased operations in December 2019

Company Overview

Celadon Group was a major truckload carrier that abruptly ceased operations in December 2019 after an accounting fraud scandal. The company's leadership was charged with inflating the value of its truck fleet and falsifying financial statements. Celadon's closure displaced approximately 4,000 drivers and was one of the largest trucking company failures in U.S. history. The company's assets were acquired by various carriers including Heartland Express. This profile is included for historical reference, as many drivers were affected.

Pros & Cons

Cons

Company closed due to fraud in December 2019
Drivers were stranded with little notice
Executive leadership faced federal criminal charges

Equipment & Operations

Equipment Types

Dry VanDedicated (historical)

Operating Region

Formerly 48 states, Canada, Mexico

Frequently Asked Questions About Celadon Group (Closed 2019)

Celadon Group shut down in December 2019 after executives were charged with accounting fraud. The company had been inflating the value of its truck fleet by hundreds of millions of dollars to deceive investors and lenders.

After Celadon's closure, approximately 4,000 drivers were displaced. Heartland Express and other carriers acquired some of Celadon's equipment and terminal assets. Many drivers were quickly recruited by other carriers due to the tight driver market.

No. Celadon Group permanently ceased all trucking operations in December 2019 and is no longer hiring. If you see job postings using the Celadon name, they are not legitimate.

Company Overview

Frequently Asked Questions About Celadon Group (Closed 2019)

No. Celadon Group permanently ceased all trucking operations in December 2019 and is no longer hiring. If you see job postings using the Celadon name, they are not legitimate.