COLUMBUS, Ohio — 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 pre-negotiated plan wipes out 91% of the company’s nearly $1 billion debt load and gives it $150 million in new capital to support core business operations […]
Major intermodal firm STG Logistics files for bankruptcy
