Celadon

PlanSource Launches Product Release Aimed to Engage and Elevate Employees to Achieve Increased Benefit Consumption

Retrieved on: 
Monday, August 15, 2022

Available August 11 to all PlanSource customers and partners, the Celadon Release aims to elevate the employee experience, engage employees to increase benefit understanding and consumption and streamline processes for HR leaders and new ecosystem integrations.

Key Points: 
  • Available August 11 to all PlanSource customers and partners, the Celadon Release aims to elevate the employee experience, engage employees to increase benefit understanding and consumption and streamline processes for HR leaders and new ecosystem integrations.
  • In the Celadon release, PlanSource is announcing a new product offering called The Source, aimed to make company news, benefits and initiatives relevant 24/7/365.
  • Other updates in the Celadon release are driven by a need to streamline and improve efficiencies for HR and employees ahead of the busy open enrollment season.
  • PlanSource is a registered trademark of PlanSource, Inc., and PlanSource owns other registered and unregistered trademarks.

Celadon Coin to curb the issues faced by crypto traders with the launch of the multi-network token, CELA

Retrieved on: 
Thursday, May 5, 2022

An Intro to Celadon Coin:

Key Points: 
  • An Intro to Celadon Coin:
    A worrying aspect for crypto traders, dealing on different Blockchain is their stock being disconnected and isolated.
  • To curb this constant bothering Celadon coin adopts the latest Blockchain technology i.e.
  • Celadon coin offers services that are parallel or even better than other Altcoins, with the users being capable of obtaining huge returns from their investments.
  • Celadon coin offers its users the unique service of converting the token from one Blockchain to other Blockchain standards.

Greenbacker secures $76 million credit agreement with Fifth Third Bank and PNC Capital Markets

Retrieved on: 
Tuesday, April 19, 2022

NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (GREC or Greenbacker), a leading owner and operator of sustainable infrastructure and energy efficiency projects, has entered into a senior credit agreement of $76.3 million with joint lead arrangers Fifth Third Bank, National Association, and PNC Capital Markets LLC.

Key Points: 
  • NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (GREC or Greenbacker), a leading owner and operator of sustainable infrastructure and energy efficiency projects, has entered into a senior credit agreement of $76.3 million with joint lead arrangers Fifth Third Bank, National Association, and PNC Capital Markets LLC.
  • Greenbacker will use the credit facility to expand its Celadon portfolio of solar projects, which comprises 36 projects, both pre-operational and operational.
  • Greenbacker was advised on the deal by the Stoel Rives law firm; Fifth Third Bank was advised by Moore & Van Allen.
  • Greenbacker undertakes no obligation to update any forward-looking statement contained herein to conform to actual results or changes in itsexpectations.

One Equity Partners Exits Investment in PS Logistics

Retrieved on: 
Wednesday, October 13, 2021

NEW YORK, Oct. 13, 2021 /PRNewswire/ -- One Equity Partners ("OEP"), a middle market private equity firm, today announced that it has exited its investment in PS Logistics ("the Company"), the nation's largest flatbed transportation and full-service logistics provider in the United States.

Key Points: 
  • NEW YORK, Oct. 13, 2021 /PRNewswire/ -- One Equity Partners ("OEP"), a middle market private equity firm, today announced that it has exited its investment in PS Logistics ("the Company"), the nation's largest flatbed transportation and full-service logistics provider in the United States.
  • During OEP's three-year investment period, PS Logistics' EBITDA doubled, driven by strong organic growth and strategic acquisitions.
  • Following OEP's investment in PS Logistics in March 2018, PS Logistics completed the transformational acquisition of Celadon Logistics in April 2019 and 13 additional acquisitions that added scale, density, non-asset operations and new customers.
  • We are grateful for the strong performance PS Logistics demonstrated over the last three years and are excited about the opportunities ahead for PS Logistics' management team, employees and driver partners."

Zonar Names New Vice President of Freight and Over the Road, Wayne Deno

Retrieved on: 
Wednesday, September 15, 2021

SEATTLE, Sept. 15, 2021 /PRNewswire-PRWeb/ -- Zonar , the leader in smart fleet technology, adds Wayne Deno as its new vice president of freight and over the road to accelerate the company's expertise and growth in the commercial trucking and freight industries.

Key Points: 
  • SEATTLE, Sept. 15, 2021 /PRNewswire-PRWeb/ -- Zonar , the leader in smart fleet technology, adds Wayne Deno as its new vice president of freight and over the road to accelerate the company's expertise and growth in the commercial trucking and freight industries.
  • "We're excited to welcome Wayne to our team as we continue to expand our offerings to customers in the commercial trucking industry," said Michael Gould, chief operating officer at Zonar.
  • Deno started his career and spent more than 17 years at Celadon, learning all aspects of a large transportation company.
  • For more information about Zonar, visit: http://www.zonarsystems.com
    Founded in 2001, Zonar has pioneered smart fleet management solutions throughout vocational, pupil, mass transit and commercial trucking industries.

Celadon Group, Inc. and Affiliates Commence Voluntary Chapter 11 Cases

Retrieved on: 
Monday, December 9, 2019

Celadon also announced that it will shut down all of its business operations effective as of today, Monday, December 9, 2019.

Key Points: 
  • Celadon also announced that it will shut down all of its business operations effective as of today, Monday, December 9, 2019.
  • Celadon intends to use its Chapter 11 proceedings to wind down its global operations.
  • Due to this early success, Celadon was able to rapidly grow its operations and fleet, and in 1994, Celadon completed an initial public offering.
  • At the date of its shutdown, Celadon was operating a fleet of approximately 3,300 tractors and 10,000 trailers with nearly 4,000 employees.