Yellow estate settles final four pension plans, MFN backs deal
The liquidating trust closed settlements with the last four pension funds, ending a dispute that earlier versions failed to resolve.
#Bankruptcy
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Nine Carriers, Logistics Firms File Bankruptcy as 245 Jobs Cut
Small trucking companies, a drayage fleet, and a trailer maker entered Chapter 7 or 11 protection in the past two weeks while four logistics facilities…
STG Logistics Clears Final Bankruptcy Hurdle, Exit Set for June
Court approval puts Dublin, Ohio-based carrier on track to emerge from Chapter 11 within weeks after four-month restructuring.
STG Logistics Cuts $1B Debt, Exits Bankruptcy This Month
Court approval clears Dublin, Ohio intermodal marketer to emerge from Chapter 11 with 90% debt reduction and $150M fresh capital.
STG Logistics Cuts $1B in Debt, Plans May Exit from Bankruptcy
Intermodal marketing company settles with minority lenders, gains $150M fresh capital and majority ownership shift to Fortress and Invesco.