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A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless

By Rachel Premack - BusinessInsider.com
Posted Dec 9th 2019 1:14PM

The trucking "bloodbath" of 2019 is ending on a remarkably sour note.

Indianapolis-based Celadon, a truckload carrier that grossed $1 billion as recently as 2015, filed for bankruptcy on Dec. 9. It's poised to be the largest truckload bankruptcy in history, leading industry publication FreightWaves reported on Friday.

And the company's drivers are already getting slammed.

The bankruptcy has the potential to leave nearly 3,000 truck drivers stranded away from home, while the company has assured truck drivers that will not happen. Celadon employs 2,500 truck drivers, and works with 380 owner-operators...

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BusinessInsider.com