Celadon Owner-Operators: Does the Bankruptcy Affect Your Escrow?

  In early December 2019, Celadon, an Indianapolis-based truckload carrier that grossed $1 billion as recently as 2015, filed for bankruptcy, making it perhaps the largest trucking company bankruptcy in U.S. history.¬† Celadon employed 2,500 truck drivers and worked with¬†380 owner-operators. Certain of those owner-operators may have had escrow accounts on trucking equipment which they […]