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STG Logistics Files for Bankruptcy Amid Freight Recession

1/18/2026

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Summary

Story summary

STG Logistics, a trucking company based in Dublin, Ohio, filed for Chapter 11 bankruptcy amid the Great Freight Recession.
The company, in business for nearly 50 years, reports about $1 billion in debt and plans a 91% reduction.
STG Logistics will receive $114 million in new capital to support operations and compensate employees.
STG Logistics expects to exit bankruptcy protection within five months while continuing normal operations.

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Story summary

STG Logistics, a trucking company based in Dublin, Ohio, filed for Chapter 11 bankruptcy amid the Great Freight Recession.
The company, in business for nearly 50 years, reports about $1 billion in debt and plans a 91% reduction.
STG Logistics will receive $114 million in new capital to support operations and compensate employees.
STG Logistics expects to exit bankruptcy protection within five months while continuing normal operations.