S&P Global Warns of RXO's Credit Downgrade Risk
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S&P Global Ratings negative outlook on RXOs credit rating, due to the soft freight market and integration challenges, contrasts with Moodys investment-grade rating. Despite RXOs strong balance sheet and Coyote Logistics integration, S&P Global sees a high chance of a rating downgrade due to persistent market pressures and restructuring costs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
