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2019 Trucking Companies Gone + Shots Fired. There were too many trucking companies that went out of business in 2019 to count. Citing lack of fright because of trade wars, many carriers found themselves searching for freight. With lack of freight came lower rates and from there they started tumbling. Celadon Trucking was the largest but they issues went far beyond lack of freight!. Celadon was founded in 1985 by Steve Russell, a former executive with Ford, RCA and Hertz Truck and Equipment. It began with 50 leased trucks and 100 leased trailers. It became one of the first U.S.-based companies to forge routes into Mexico.
Arrested
Two former top executives at Indianapolis-based trucking and transportation company Celadon Group Inc.were indicted for their roles in an alleged fraud scheme that federal prosecutors say cost the publicly traded company’s shareholders more than $60 million.
Former Chief Operating Officer William Eric Meek, 39, and Chief Financial Officer Bobby Lee Peavler, 40, were arrested on nine counts each that include conspiracy to commit wire and securities fraud and conspiracy to make false statements to the company’s accountants and falsify records. Peavler also is charged with two additional counts of making false statements to the company’s accountants. This would obviously be part of their downfall.
Trucker Shot At
Recently a truck Driver was shot at from a man pulling a small trailer. After shooting at the semi truck the four wheeled vehicle fled the scene. Tune in to the podcast and help catch this dangerous menace to society.
- https://www.freightwaves.com/news/celadons-closure-an-opportunity-for-other-companies-in-turbulent-times
- https://www.gobytrucknews.com/celadon-closing-terminal/123
- http://talkcdl.com/australian-trucker-gary-with-talkcdl/
- http://talkcdl.com/d-o-t-answers-tough-truckers-questions/
- http://talkcdl.com/semi-trucks-in-pa-trucker-birthdays/
- http://talkcdl.com/kelly-mack-mccoy-trucker-writer-husband/
- http://talkcdl.com/alcohol-inside-semi-trucks/
TalkCDL Trucking Podcast 2019 into 2020
TalkCDL is a Trucking Podcast for all in the trucking industry. We welcome all to be a part of our show. If you are wanting to come on the show to talk about trucking please notify us at Troy@TalkCDL.com or Ruthann@TalkCDL.com. Also please follow us on our new Youtube channel at http://bit.ly/TalkCDL
