PennyGem on MSN
Ohio trucking empire collapses under $1.2B debt—2,150 jobs wiped out as freight recession turns fatal
The freight recession that began in 2022 has now claimed one of America’s oldest logistics operators. STG Logistics, a ...
Universal Logistics Holdings faces net losses with 65% of revenue from unionized automotive trucking and interest costs. Learn why ULH stock is a hold.
Intermodal marketing company STG Logistics announced Monday it has entered into a Chapter 11 restructuring plan. The post STG ...
The Union Pacific-Norfolk Southern merger application omits $2.69 billion in additional costs that intermodal marketers will ...
2025 Digital Freight Matching Roundtable: From spot chaos to smart capacity AI-driven digital freight matching platforms are transforming the brokerage landscape, helping shippers and carriers ...
Emerging infrastructure investments and sustainability mandates favor rail-road combinations, while digitization and predictive analytics enhance asset utilization and real-time visibilityDublin, Jan.
Sourcing Journal on MSN
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.
Rail carloads, at 232,803, saw a 16.7% annual increase, and intermodal containers and trailers, at 277,654 units, saw a 4.4% ...
Echo Global Logistics, Inc. ("Echo"), a leading provider of technology-enabled transportation and supply chain management ...
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 ...
Cosco Shipping is to acquire a majority of 80% stake of Hamburg -based forwarding and intermodal transport company Konrad ...
The train departure is part of the objective of building a consistent logistics route between Türkiye and Europe using rail transport. Credit: Railport/Canvas Strategy & Creativity. Türkiye’s first ...
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