STG Logistics just landed a staggering $300m! What does this mean for the logistics industry?

STG Logistics just landed a staggering $300m! What does this mean for the logistics industry?

In a remarkable move set to reshape its trajectory, STG Logistics, a prominent provider of containerized logistics services, announced the completion of a substantial $300 million debt and equity financing package on October 3, 2024. This funding, which comes from STG’s existing lenders and equity sponsors, is poised to provide the company with essential capital […]