STG Logistics filed Chapter 11 as it seeks to cut debt, raise up to $150M in new capital and navigate a historic freight ...
Intermodal marketing company STG Logistics announced Monday it has entered into a Chapter 11 restructuring plan. The post STG ...
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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.
According to industry publication FreightWaves, STG Logistics — a Dublin, Ohio-founded institution that also happens to be ...
The $150 million financing package was opposed by minority lenders and a private-equity firm that submitted a competing loan ...
Bankruptcy follows a judge’s decision not to release STG from case brought by minority lenders.
Cargo hauler STG Logistics filed for bankruptcy on Monday, following a contentious debt deal that sparked litigation by ...
Cargo hauler STG Logistics filed for bankruptcy on Monday, following a contentious debt deal that sparked litigation by ...
STG Logistics Announces Strategic Transaction to Strengthen Financial Foundation and Market Position
STG Logistics Inc. ("STG" or the "Company"), one of the nation's largest providers of integrated port-to-door services and supply chain solutions for cargo owners and logistics providers, announced ...
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 ...
STG Logistics announced that the company, along with 'certain of its affiliates and subsidiaries', has filed for Chapter 11 ...
The huge trucking and logistics company suffers from macroeconomic and industry headwinds that are driving the Great Freight ...
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