Busy week for Celadon. First they bought out Martini Transportation out of Drums, PA and now they bought a big portion (I think close to 10%) of USA Truck. They're in talks with USA to merge the 2 companies.
Busy week for Celadon. First they bought out Martini Transportation out of Drums, PA and now they bought a big portion (I think close to 10%) of USA Truck. They're in talks with USA to merge the 2 companies.
Wonder if they're still using the same tactics as they were using when they took over Burlington's business a decade ago. After the bankruptcy, it came out that the general manager of BMC (Burlington Motor Carriers) was paid by Celadon to run Burlington into the ground. (I was working for BMC back then) The manager and his private secretary got 15 years for industrial espionage.