Yahoo Finance STG Logistics and Union Pacific Railroad Extend Long-Running Partnership to Deliver Consumer Goods
CHICAGO, April 17, 2024 /PRNewswire/ -- STG Logistics, a leading provider of transportation and logistics solutions, is pleased to announced an extended, long-term partnership with Union Pacific Railroad. The agreement builds upon three decades of STG and Union Pacific working together to deliver goods and products to consumers, while ensuring continuity and excellence within the nation's supply chain.
"We are extremely excited about this partnership," said Tyler Holtgreven, Senior Vice President of Operations with STG. "This new contract will help STG with our growth trajectory while continuing a relationship that reflects our values and our vision for the future of intermodal."
Moving freight by rail offers a variety of benefits, including reduced carbon emissions, making it an environmentally responsible option. Rail transportation also offers cost-effective solutions for long-distance freight hauling, leading to economic efficiency and sustainability for customers.
"We are proud of the long and successful history we share with STG Logistics," said Kari Kirchhoefer, Senior Vice President – Marketing and Sales, Union Pacific Railroad. "Our partnership is a reflection of our mutual commitment to providing safe, reliable and environmentally responsible service to our customers."
About STG Logistics
STG is a leading national containerized logistics services provider including asset-based intermodal transportation, marine and rail drayage, warehousing and CFS solutions and over the road FTL and LTL services. With over 35 years of experience in domestic logistics STG has access to every major rail ramp and port in the country. STG is a portfolio company of Wind Point Partners and Oaktree Capital Management.
About Union Pacific
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
CONTACT:
Courtney McCrimmon
412-225-6899
cmccrimmon@gatesmanagency.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/stg-logistics-and-union-pacific-railroad-extend-long-running-partnership-to-deliver-consumer-goods-302119937.html
SOURCE STG Logistics
