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Celadon Trucking
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 truck plus owned an additional 11,000 trucks through Quality Equipment, its leasing division. 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. History Celadon was founded in 1985 by Stephen Russell and Leonard Bennet. Initially, the company hauled automotive parts to a Mexican Chrysler plant using leased tractors and trailers. The company's name was chosen by Russell as a reference to the Celadon style of Chinese pottery. The company went public vi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
