STG Logistics Names New CEO, FMCSA Doubles HOS Emergency Relief, & Class 8 Orders Jump 18% | The Morning Minute
In this episode, we kick things off by examining the major leadership changes at STG Logistics, where the intermodal marketing company has installed a new CEO following its massive financial restructuring. Jack Holmes, a UPS veteran who previously led UPS Freight, takes the helm after the company slashed its funded debt by a staggering ninety percent through a pre-packaged Chapter 11 that reduced debt by nearly one billion dollars while securing one hundred fifty million in fresh capital. Over in Washington, truckers responding to regional disasters just received significant regulatory…
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