Is The End Near For Celadon?

It's hard to say if its the end. They do however have no less than 16 law firms filing suit for defrauding investors, the NYSE is looking to de list them and a whistle blower report was filed last fall with the SEC. They were investigated and fined already by the SEC back in 2015 for similar shenanigans and it appears as if they thought they could pull a fast one. It'll depend more on what will happen pending an investigation and the majority of their problems stem from Quality leasing and their shady tactics there but given the info that's easily found, I wouldn't want to work there until the smoke clears.

The more I read about this whole mess, the more it sounds like the trucking equivalent of Enron. And we all know how well THAT turned out.

As we'd say in Cajun country...."Arrow part deux"

I don't know, but from my experience in the diving industry, I'd be gone pecan. The drivers will be the ones who suffer and get stuck, while management gets their golden parachute