09.10.2024
Artikel Nummer: 51018
STG Logistics: investments to drive growth
The US-based transport specialist has secured a USD 300 million financing package to continue its ongoing expansion and strategic growth initiatives.
The company’s aims for 2025 include a 25% growth in domestic services by enlarging its intermodal portfolio in North America and doubling its cross-border services, particularly in the automotive and consumer goods sectors.
STG will also invest in its infrastructure, especially in warehousing and technology to further improve its performance. Its services comprise containerised logistics, asset-based intermodal transports, marine and rail drayage, warehousing and transloading, and FTL and LTL trucking. (ben)