STG Logistics Mexico will continue operating and will proceed with its growth plans for this year , following the filing for financial restructuring under Chapter 11 of the United States Bankruptcy Code by its parent company, STG Logistics.
“The numbers are positive in the United States from August to date, our numbers in Mexico are positive, and our financial strength is also strong. We have all the resources to operate in the country and we have no debt. We continue to grow, and our projects for 2026 are still underway in Mexico and the United States,” highlighted Javier Sánchez Terminel, the company’s vice president in the country.
In an interview with T21, he reiterated that in both countries the company has not stopped paying its suppliers, in addition to continuing to provide service to its customers.
He indicated that they will begin some initial contacts this Tuesday, while internally they will continue working to provide their services as the restructuring progresses, which he estimated could take place in the next five months .
“In five months we hope to turn all this around; by the end we will be in a completely different situation, having that restructuring, raising that money from investors who have confidence in us,” he said.
He mentioned that in Mexico the company has registered double-digit growth; in volume alone it increased by 21% year-on-year in 2025.
“The American market has been very restricted by domestic policies and the market contraction caused by cargo arriving from China. STG’s main business in the United States is different from that in Mexico. In the US, we are very focused on warehousing and receiving cargo from ports in maritime containers, which is deconsolidated, and a lot of cargo comes from Asia, specifically China, where tariffs have had a significant impact. In Mexico, we are focused on intermodal service, which is what has strengthened us. The domestic market continues to grow for us, and there are still many business opportunities,” he stated.
Javier Sánchez Terminel stated that they estimate growth of over 15% by 2026 , and are even analyzing new routes, since Ferromex has started a new route from Veracruz for 53-foot containers. “We are already working on that, to conduct tests in February. We continue working and hope to grow our business in Mexico.”
On January 12, STG Logistics announced that it had filed for Chapter 11 bankruptcy protection in the United States . Through the Restructuring Support Agreement (RSA), it seeks to reduce 91% of its debt and inject up to $150 million in new capital, aiming to support future growth and increase its liquidity.
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