Logistics Industry News

STG Logistics files Chapter 11, charts path forward

The nation's fourth-largest asset-based intermodal marketing company, STG Logistics, filed for Chapter 11 bankruptcy protection in a New Jersey federal court on Monday. The pre-negotiated plan wipes out 91% of the company's nearly $1 billion debt…

Cargo Hauler STG Logistics Files Bankruptcy Following Debt Deal Litigation

Cargo hauler STG Logistics filed for bankruptcy on Monday, following a contentious debt deal that sparked litigation by disgruntled creditors. The company listed debt and assets in the range of $1 billion and $10 billion in court papers filed in…

STG Logistics Files for Chapter 11 Amid Lender Lawsuit

An influential Utahn wants to tee up 80 acres of dwindling open space in SLC for industrial uses

An open 80-acre spread of grasslands near the fringe of the Great Salt Lake is being eyed for a rezone to industrial uses, drawing pushback from some neighbors and environmentalists. Those opponents are urging Salt Lake City's planning commission…

Brad Jacobs-Led QXO Boosts Financing Deal to $3 Billion - TT

QXO targets a wide range of products to distribute. (QXO) [Stay on top of transportation news: Get TTNews in your inbox.] QXO Inc. is raising another $1.8 billion from investors including Apollo Global Management Inc. and Temasek Holdings Pte…

Exclusive | Lightsmith Group Backs Shipment-Tracking Company Tive

Lightsmith Group led a $20 million investment in Tive, valuing the shipment-tracking systems developer at slightly more than $500 million and expanding the private-equity firm's portfolio of businesses that strengthen supply chain resilience.

The Rise of the Prediction Markets

Loading the Elevenlabs Text to Speech AudioNative Player... The top brass at Robinhood couldn't wait another moment. Shayne Coplan, the 26-year-old CEO of crypto-based prediction market Polymarket, had just teased a much-anticipated return to the…

Space is becoming an industrial economy

Shortly after space week in October, investment firm JP Morgan announced a $10 billion investment plan targeting industries critical for United States national security. In addition to things like nanomaterials, autonomous robotics and solar power…

Koch Cos. Acquires Store Opening Solutions - TT

Koch Cos.' last acquisition was Logistics Edge in 2021. (Koch Cos.) Koch Cos. acquired Store Opening Solutions from Marmon Holdings for an undisclosed sum on Jan. 12, adding the Murfreesboro, Tenn.-based inventory specialist to Koch Logistics. The…

The tech duo behind London's quantum leap forward

News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. In 2021, Kris Naudts — academic and medical…

Current, Former Executives Buy USA Truck From DSV - TT

(David Turner/USA Truck Marketing) The deal marks the third time since 2022 that USA Truck has been subject to an ownership change. Denmark's DSV acquired USA Truck in September 2024 when it bought DB Schenker for $15.9 billion. DSV said the…

CES 2026: The Trends. The Vibe. And Some Final Thoughts.

Usually after a tech show closes down, I provide my takeaways and impressions based on what I witnessed and the sessions and events I attended. With a show of the size and with the huge number of sessions of CES, I could attend only a smidgen of…

British Land CEO Simon Carter Steps Down After Five Years at Top

Simon Carter, chief executive officer of British Land Plc, is set to step down from the role after five years and will head to P3 Logistics Parks to lead the GIC Pte -owned investor and developer. Carter, an 18-year British Land veteran, will serve…

Net Asset Value of EfTEN Real Estate Fund AS share as of December 31, 2024, and Preliminary Financial Results for 2025

Comment from Fund Manager Viljar Arakas Excluding revaluations of investment properties, EfTEN Real Estate Fund AS achieved the strongest operating results in its history in 2025. The Fund's consolidated rental income increased by 3.1% compared to…

Inside the transport mega-projects that have reshaped Sydney's future

, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. A decade ago the Herald examined what Sydney would look like and how it would function in 2026. Here is what did get done - and what…