Ohio-based trucking company files for Chapter 11 bankruptcy – Cleveland.com
DUBLIN, Ohio — STG Logistics, the nation’s fourth-largest asset-based intermodal marketing company, filed for Chapter 11 bankruptcy protection Jan. 12 in federal court in New Jersey, the company announced. The Dublin, Ohio-based logistics firm entered the court-supervised restructuring under a pre-negotiated plan that would eliminate about 91% of its nearly $1 billion debt load and…
