STG Logistics recently announced a major financial reset, including a bankruptcy filing to address its long-term operations.
The trucking industry faces its most severe downturn in decades, with freight demand plummeting since March 2022 and dozens ...
STG Logistics filed Chapter 11 as it seeks to cut debt, raise up to $150M in new capital and navigate a historic freight ...
DUBLIN, Ohio — STG Logistics, the nation’s fourth-largest asset-based intermodal marketing company, filed for Chapter 11 ...
Intermodal marketing company STG Logistics announced Monday it has entered into a Chapter 11 restructuring plan. The post STG ...
The intermodal operator will restructure nearly $1 billion in debt and bring on new ownership through a debt-for-equity swap.
Bankruptcy follows a judge’s decision not to release STG from case brought by minority lenders.
One of the biggest trucking companies in the country is filing for bankruptcy after four decades in business. According to a press release from STG Logistics —one of the largest port-to-door service ...
STG Logistics, the nation’s fourth-largest asset-based intermodal marketing company, filed for Chapter 11 bankruptcy protection in a New Jersey federal court today (Monday, Jan. 12). The ...
The $150 million financing package was opposed by minority lenders and a private-equity firm that submitted a competing loan ...
After nearly half a century in the business, a trucking company has filed for bankruptcy. This news signals the latest of ...