Celadon Group Inc. (CGIP)

[WHITTENHALLJR]

Jaguar will operate in the same way it has been working. The situation that Celadon is going through does not compromise....However, Jaguar Transportation's webpage was removed on Dec. 9. It is not clear if the company's web address was changed or shut down. The company's Facebook page was still up.

Jaguar Transportation is listed as a wholly owned subsidiary of Celadon Group Inc. in a 2016 filing with the U.S. Securities and Exchange Commission.

Jaguar Transportation was founded in 1975 near Monterrey, Mexico, and acquired by Celadon in 1992. The company said it had 450 trucks and 600 employees, according to a 2018 marketing brochure.

Jesus Alvarez, head of carrier sales for digital freight marketplace Fr8Hub, said he spoke with Jaguar Transportation officials on Dec. 9. They also indicated to him that the Mexican carrier would keep operating.

"As far as I know, Jaguar is still pulling strong. They were one of Celadon's most lucrative assets," Alvarez said.