S&P Global warns of looming problems at Odyssey as it cuts rating
Odyssey Logistics’ debt rating was cut by S&P with some grim forecasts for next year.
Odyssey Logistics’ debt rating was cut by S&P with some grim forecasts for next year.
(A full article on the broker liablility proceedings can be found here.) Good morning. Editor at large John Kingston and Washington bureau chief John Gallagher will be following the oral arguments before the U.S. Supreme Court Wednesday in Montgomery vs. Caribe, the case that is expected to settle an almost existential question in freight brokerage: […]
RXO has seen its debt rating cut by Moody’s to a non-investment grade level.
RXO credit rating faces challenges, while C.H. Robinson continues to shine.
For the second time in three months, Odyssey Logistics has seen Moody’s cut its debt rating.
Echo Global B3 rating by Moody’s highlights steady earnings despite challenges in a soft freight market.
Moody’s has cut Odyssey Logistics debt rating amid weak freight market.
C.H. Robinson had its debt rating increased by S&P Global, and its reduction in staffing is a key reason.
Moody’s has taken two recent actions at logistics companies, and both were optimistic.
S&P gave a thumbs-up to the credit metrics at RXO after the company set two deals to fund the Coyote Logistics acquisition.
Moody’s held its investment-grade debt rating of RXO, but its outlook was shifted to negative.
In this month’s State of Freight webinar, FreightWaves CEO Craig Fuller reviews data that shows a stronger market than rates and rejections might suggest.
Andrew Clarke, the ex-C.H. Robinson Worldwide executive, would relish the opportunity to return as its CEO, according to sources.
This week: Logistics companies, trailer manufacturers and trucking nonprofits prepare to celebrate drivers for National Truck Driver Appreciation week.
A longtime trucking executive says the Supreme Court’s decision not to review a C.H. Robinson case could transform trucking.
Las opiniones expresadas aquí son únicamente las del autor y no representan necesariamente las opiniones de FreightWaves o sus afiliados. No descuide este caso de negligencia. Recientemente, ha habido muchas noticias y conversaciones en torno a la denegación por parte del Tribunal Supremo de EE.UU. del recurso de certiorari en el caso de la AB5, […]
El beneficio por acción del 3PL aumentó un 85,4% interanual hasta los 2,67 dólares
DSV has been reported to be interested in acquiring C.H. Robinson’s global forwarding unit for as much as $9 billion.
This week: The Women in Trucking Association honors influential women; ANL aims to rehabilitate the Australian turtle population; and C.H. Robinson recognizes its top-quality carriers.
Freight brokerage firm C.H. Robinson had its debt rating affirmed by Moody’s, with the agency seeing “disciplined” finances at the 3PL.