Celadon Group Inc., one of the largest trucking companies in the U.S. specializing in long-haul transport, is bringing in a turnaround expert to lead the operator as it tries to shore up its troubled finances.
NYS Entity Status
NYS Filing Date
NOVEMBER 15, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2013 - HERRERA TRUCKING & TRANSPORTATION INC.
AROUND THE WEB
- Celadon Hires Turnaround Expert
Thursday Jul 13, 2017
- How NEA Envisions the Future of Trucking, Transportation, and A.I.
By Bernadette Tansey - Friday Jul 14, 2017
The big Silicon Valley venture capital firm New Enterprise Associates (NEA) is investing in the workaday business of freight load hauling, which could hardly seem more different from the future-bending tech projects that have attracted VC money for decades. But NEA’s leading role in the $42 million Series C financing round announced this week by […]
- Lift in Demand Fuels Hopes Trucking Has Turned the Corner
Saturday Jul 15, 2017
With trucking and logistics firms set to report earnings, improving freight demand could signal brighter days ahead for transportation companies—if they can persuade retailers and manufacturers to pay more for shipping.
- A Street Fight Among Grocers to Deliver Your Milk, Eggs, Bananas
By RACHEL ABRAMS - Saturday Jun 24, 2017
Bananas can’t get cold. Milk mustn’t tip. Online food delivery still trips up companies. A day on the truck shows why.
- Guy books a ride on an app, but a huge truck came to pick him up instead
By Yi Shu Ng - Friday Jun 30, 2017
This was certainly no UberX.
A man's account of how he ended up at the back of a truck after using a ridesharing app, has gone viral on Weibo.
The man, who goes by the user ID @QiGeNongDongQiang, wrote in a now-deleted post that he wanted to take a ride from Wushan — a county in southwest China to the city of Chongqing. It's approximately a five to six hour ride.
The man, who works in insurance, said that the driver pinged him on the app to note that the vehicle would be "wide."
"I was expecting a Toyota Alphard," he wrote.
But instead, a huge truck pulled up. Read more...More about Apps, China, App, Transportation, and Truck
- VC firm Autotech raises $120M for transportation investments
By Carolyn Said - Wednesday Jul 12, 2017
Autotech Ventures, a Menlo Park venture capital firm, has raised more than $120 million to invest in startups focused on ground transportation, covering everything from futuristic robot cars to current issues with renting, buying and parking cars. “Our scope is startups attacking all these painful transportation experiences we have as a society,” co-founder Quin Garcia said. The fund’s investors include over a dozen leading ground-transportation companies — car makers, parts suppliers, repair chains, dealerships and trucking firms.