STG Logistics Emerges Stronger After Successful Financial Restructuring in Chapter 11

STG Logistics Successfully Emerges from Chapter 11

Introduction
STG Logistics, Inc., one of the foremost providers of integrated port-to-door logistics in the United States, has successfully navigated through its Chapter 11 financial restructuring process. As a result, the company has significantly reduced its total funded debt and secured new capital, thereby positioning itself for a robust future in the logistics industry.

The Restructuring Journey
On May 18, 2026, STG obtained approval for its Plan of Reorganization, which led to a staggering reduction in funded debt obligations by nearly $1 billion. This financial restructuring serves as a cornerstone of STG's reinvigorated strategy, enabling it to enhance its operational capabilities and invest in technology and personnel. Geoff Anderman, the CEO of STG Logistics, expressed gratitude towards the dedication of the STG team, the loyalty of customers, and the support of financial stakeholders throughout this challenging period.

Strategic Opportunities Ahead
Emerging from this process, STG is determined to leverage its strengthened financial position. With the backing of a new ownership group comprised of notable financial institutions such as Fortress Investment Group, Fidelity Management & Research Company, and Invesco Senior Secured Management, STG aims to solidify its role as North America's leader in integrated multimodal transportation. The new ownership is committed to supporting STG's forward-looking strategy, ensuring the company is equipped to capitalize on opportunities as the freight market gradually recovers.

Continuity of Operations
As STG embarks on this new chapter, the company assures its stakeholders that there will be no disruption to its integrated port-to-door service offerings. The goal is to maintain intricate relationships with customers, vendors, and partners while advancing the operational efficiency that STG is known for. The continuation of operations is vital for ensuring that STG not only meets current demands but also anticipates future industry shifts and customer needs.

Expert Advisory Support
Throughout this restructuring journey, various advisors played key roles, with legal counsel provided by Kirkland & Ellis LLP and Cole Schotz P.C. AlixPartners LLP acted as financial and restructuring advisors, while PJT Partners contributed as investment bankers. Strategic communications were managed by C Street Advisory Group. Moreover, the ad hoc group of existing lenders received support from Gibson, Dunn & Crutcher LLP as legal counsel and Evercore Group L.L.C. as financial advisors.

About STG Logistics, Inc.
For over 40 years, STG Logistics has been a significant player in the logistics sector, providing asset-based intermodal, marine, rail drayage, and comprehensive transportation services. The company stands out for its extensive warehousing and transloading capabilities, marking its position in every major rail ramp and port across the United States. As STG moves forward post-restructuring, it aims to strengthen its commitment to efficient, high-quality service for all stakeholders involved in the logistics supply chain.

Conclusion
The successful completion of STG Logistics’ Chapter 11 restructuring not only marks a vital pivot for the company but also highlights the resilience and adaptability inherent in the logistics industry. With its enhanced financial foundation and a renewed strategic focus, STG is well-equipped to continue its legacy as a premier logistics provider, paving the way for innovative solutions and enhanced service quality in the years ahead.