Containerized logistics services provider STG Logistics said it will use a new $300 million debt and equity financing package to fund future growth.
New Jersey independent contractors who haul freight under STG Drayage’s operating authority will no longer be tendered loads in November unless the truckers get their own authority through the Federal Motor Carrier Safety Administration.
STG Logistics will extend its reach in Canada by offering “port-to-door” services in six new markets in addition to the Toronto and Montreal markets that it already serves.
An NLRB action is being viewed by the Teamsters as providing an incentive for companies to consider independent contractors as employees.
STG Logistics’ acquisition of Best Dedicated Solutions will add expedited, dry van, temperature-controlled and flatbed OTR transportation to STG’s existing services.
La empresa que compró la unidad a XPO quiere que se anule la decisión anterior sobre la clasificación de los empleados
A vote to be represented by the Teamsters at an STG facility in California has taken place but the ballots have been impounded.
A regional NLRB decision says an STG unit in California that had been owned by XPO treated workers like employees, and it has ordered a unionization vote for them.
La adquisición de la unidad intermodal completa el puzzle de la empresa de logística en contenedores de Chicago
STG Logistics has made nearly a dozen acquisitions over the last five-plus years. However, its latest deal for XPO’s intermodal unit is its most transformative yet.
Se ha completado el primer paso para crear un LTL puro
XPO Logistics announced it has sold its intermodal business to STG Logistics for $710 million in cash. This was a crucial first step on the path to becoming a stand-alone less-than-truckload company.
Air and ocean asset-light logistics provider STG has acquired International Warehouse Services.
Werner, STG Logistics and ZIM add board members; Port of Oakland, Avetta and Raymond James make appointments.
Third-party logistics firm STG Logistics has tapped Paul Svindland, former chief executive of bankrupt Celadon Group Inc., to lead its company.
Private equity-backed 3PL said deal comes as demand exceeds capacity in Northeast market.
