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Recently Funded|Amount: USD 300.0M|Industry: Transportation, Logistics, Supply Chain and Storage

STG Logistics Secures $300 Million in Funding for Unmatched Port-to-Door Services

STG Logistics

STG Logistics Logo
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1,001-5,000 employees employees (Est.)
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STG Logistics, the nation’s largest fully integrated port-to-door service provider, has successfully raised an impressive $300 million in funding to enhance and expand its logistical capabilities across North America. This capital infusion will be strategically allocated to bolster STG’s extensive suite of services, which includes Intermodal, Drayage, Deferred LTL, and Container Deconsolidation, among others. With more than 100 facility locations—encompassing all major ports—and a fleet of 15,000 owned 53-foot Intermodal containers, STG is uniquely positioned to offer unparalleled logistics solutions. The funding will enable the company to invest further in state-of-the-art technology and inventory management tools, ensuring that its team remains equipped with the resources necessary to provide industry-leading visibility and efficiency. STG believes that "Our People Are the Difference," and with this new capital, they will continue to empower their workforce, enhancing the customer experience and reinforcing their status as a leader in the logistics industry. The investment is also aimed at expanding their Outsourced Transportation Solutions, including Final Mile services, allowing them to meet the growing demands of their client base across various sectors. As the logistics landscape continues to evolve, STG Logistics is committed to staying ahead of the curve, utilizing this funding to deliver unmatched service and innovative solutions. For more information about STG Logistics and its offerings, visit www.stgusa.com.
October 5, 2024

Buying Signals & Intent

Our AI suggests STG Logistics may be interested in solutions related to:

  • Trucking Services
  • Warehouse Management Systems
  • Freight Forwarding
  • Customs Brokerage
  • Logistics Technology Solutions

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