The huge trucking and logistics company suffers from macroeconomic and industry headwinds that are driving the Great Freight ...
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STG Logistics enters Chapter 11, says operations will continue uninterrupted
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.
Intermodal marketing company STG Logistics announced Monday it has entered into a Chapter 11 restructuring plan.
After a six-month pilot, the Reading, Pennsylvania–based logistics provider is rolling out an agentic AI platform from ...
The next generation of founders should study what the last cycle got wrong: over-automation, over-hiring and over-spending.
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy ...
Florida Atlantic University's Logistics Managers' Index came in at a 54.2 score for the month of December, falling to its ...
More than 100 workers will be affected by the permanent closure of a Lebanon logistics facility, according to a WARN notice ...
Cargo hauler STG Logistics filed for bankruptcy on Monday, following a contentious debt deal that sparked litigation by ...
The company will close its doors Feb. 28, according to a Worker Adjustment and Retraining Notification filed Jan. 12.
The company will use bankruptcy process — and $150 million in fresh capital — to restructure its debt and operations.
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