STG Logistics Receives Court Approval for Reorganization Plan

STG Logistics has received court approval of its reorganization plan, reducing funded debt by over $1 billion and securing an additional $25 million in capital. The company expects to exit Chapter 11 proceedings soon with a stronger financial foundation.

By STG Logistics · PR Newswire · May 18, 2026, 21:25 UTC

Topics: capital_commitment chapter_11_bankruptcy debt_reduction

Read the full article at PR Newswire

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