A huge player in American freight has fallen into court protection, underscoring how fragile the trucking economy has become after years of volatility. The collapse of a 41-year-old logistics giant ...
The Great Freight Recession has been challenging for trucking and logistics companies since it began in early 2022. Shipping companies have faced reduced shipping demand, lower freight rates, and ...
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Ohio trucking empire collapses under $1.2B debt—2,150 jobs wiped out as freight recession turns fatal
The freight recession that began in 2022 has now claimed one of America’s oldest logistics operators. STG Logistics, a 41-year-old Dublin, Ohio, company with 15,000 intermodal containers and more than ...
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