STG Logistics files for Chapter 11 bankruptcy

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: STG Logistics filed for Chapter 11 bankruptcy to restructure debt and reorganize operations via a “restructuring support agreement,” the company announced in a Jan. 12 press release. The company’s voluntary petition said it had over $1 billion in both assets and liabilities.  The move eliminates roughly 91% of the company’s debt and provides $150 mil ...