The nation’s fourth-largest asset-based intermodal marketing company, STG Logistics, filed for Chapter 11 bankruptcy protection in a New Jersey federal court on Monday. The pre-negotiated plan wipes ...
The Great Freight Recession has been challenging for trucking and logistics companies since it began in early 2022. Shipping companies have faced reduced shipping demand, lower freight rates, and ...
STG Logistics filed for bankruptcy on Monday, aiming to shore up its balance sheet amid a legal battle with a couple of lenders over its restructuring efforts. The logistics-service provider’s chapter ...
STG Logistics announced that the company, along with ‘certain of its affiliates and subsidiaries’, has filed for Chapter 11 bankruptcy protection as part of a prearranged restructuring plan aimed at ...