XPO’s rating at Moody’s held steady but outlook is now ‘positive’
LTL carrier XPO had its debt rating affirmed Thursday by Moody’s, but with one significant change: its outlook was adjusted upward to positive from stable. A positive outlook is often a precursor to a rating increase (as a negative outlook can be a precursor to a rating downgrade.) But a positive outlook does not guarantee an upgrade. Join the leaders shaping freight’s future atF3: Future of Freight Festival, Oct 21-22.Network with the industry’s best and discover what’s next. Register now! As Moody’s d ...