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.
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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.