Bankruptcy

Hundreds of Celadon Trucks for Sale at Upcoming Ritchie Bros. Auctions

Ritchie Bros. was chosen to sell select trucks and trailers owned by Celadon Group, which filed for Chapter 11 bankruptcy protection in December 2019. read more

Celadon to Declare Bankruptcy; Could Leave Thousands of Drivers Stranded

According to Business Insider, Celadon Trucking plans to file for bankruptcy by December 11. It would potentially be the largest truckload bankruptcy in history. read more

ABI: Total US Bankruptcy Filings Up 6% Y/Y

Commercial chapter 11 filings totaled 414 in September, a 33% increase over September 2018’s total of 312 filings, according to the American Bankruptcy Institute. read more

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