Intermodal marketing company STG Logistics announced Monday it has entered into a Chapter 11 restructuring plan.
The intermodal operator will restructure nearly $1 billion in debt and bring on new ownership through a debt-for-equity swap.
The trucking industry faces its most severe downturn in decades, with freight demand plummeting since March 2022 and dozens of operators collapsing under the weight of idle capacity and cash shortages ...
DUBLIN, Ohio — STG Logistics, the nation’s fourth-largest asset-based intermodal marketing company, filed for Chapter 11 ...
STG Logistics Inc., one of the largest firms in the nation’s logistics industry, filed for Chapter 11 bankruptcy protection Jan. 12. At the same time, STG also said it entered into a restructuring ...
Operations to Continue in the Ordinary Course, Including Full Continuity of Integrated Port-to-Door Service Offerings COLUMBUS, Ohio, /PRNewswire/ -- STG Logistics Inc. ("STG" or the "Company"), one ...
Bankruptcy follows a judge’s decision not to release STG from case brought by minority lenders.
XPO Logistics Inc. has sold its North American intermodal business to STG Logistics Inc. for approximately $710 million, continuing to streamline the XPO business while making STG an integrated ...
The $150 million financing package was opposed by minority lenders and a private-equity firm that submitted a competing loan offer.
COLUMBUS, Ohio, Sept. 16, 2025 /PRNewswire/ -- Two STG Logistics employees have been recognized with 2025 Women in Supply Chain Awards, which honor female supply chain leaders and executives whose ...
The company will use bankruptcy process — and $150 million in fresh capital — to restructure its debt and operations.