Many news organizations are calling the closure of Celadon Trucking just another indicator of a slowing economy and a trucking problem. This is not the case. Celadon's problems go back for years and they of their own doing. All the way back to 2014 Celadon, by their own admission, misstated their financial numbers to make the place look way better to investors. They were supposed to submit new financials 2014-2016 by the first quarter of 2019. They did not do this. I think because doing so would bring forth the real problems which are way deeper than a few wrong numbers but that is just my opinion. In fact, those financials NEVER were brought and ultimately, as we know, Celadon closed. No matter what was happening in the economy now or who is President, Celadon was on a long slide to this day. I began telling drivers in the spring of 2019 to leave Celadon and that they were going to close soon. Hardy anyone believed me including financial experts. Hope and closed eyes does not help your paycheck. Keep up with your company. How are they doing? I mean, how are they really doing?
So, now I mark Celadon off the Death Watch List that I have. A job is not security in fact it is the farthest thing from security as we see. Never depend on a job to bring you true financial security and remember that no matter how big of a company you work for, it can close. I guess I am going to drive off in my Oldsmobile now. See you on the road!
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AuthorHi! Welcome. I'm Mark and I've been a professional truck driver for over 33 years, the last 19 years at the same company. It is time that drivers got paid for every minute that we work and we are treated like the licensed professionals we are. Archives
February 2022
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