Business, Logistics, Top 100

Celadon Sells Logistics Group, Hopes for Financial Reporting in Fall

Celadon truck parked at Indianapolis HQ Alan Petersime/Bloomberg News

Celadon Group Inc. is selling its Celadon Logistics brokerage and third-party logistics subsidiary in a $60 million deal that helps advance the Indianapolis-based company’s plan to shore up its business in the wake of accounting troubles that date back several years.

Jim Stinson | Staff Reporter
April 22, 2019

Celadon Gets March 31 Extension on Credit Lines

Celadon headquarters John Sommers II for Transport Topics

Celadon Group has again received an extension on its revolving credit line from a group of lenders led by Bank of America.

Transport Topics
January 2, 2018