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Two positive votes on logistics at Moody’s: GXO and C.H. Robinson

MOODY’s has formed a logistical counterfeit in recent days, and the word was from the influential debt category positive each time.

In the last week’s announcement, Moody’s (NYSE: MCO) said it would increase its non -guaranteed classification on Gxo (NYSE: GXO) by one to the Baa3 of Ba1. But the importance is not only that GXO is the highest level. This is that the BAA3 is the first degree above the MOODY cut between the degree of investment and the non -investment debt, which means that in the eyes of Moody’s, GXO is no longer an unwanted balance.

The second step happened on Monday. It is not a change. However, the agency confirmed the CH Robinson (Nasdaq: Chrw) classification in Baa2, which are of the degree above the cutting line between investment and non -investing row debts. Moody’s cited the “disciplined approach to the giant 3PL company to manage its public budget and the leverage.”

The agency also said that it believes that “the strong market situation in the market in the US shipping mediation market will continue to push strong and consistent results despite a difficult operating environment, including flat sizes and weak pricing dynamics.”

The increase in the GXO classification of logistics is based on a level of BBB-THAT classification that the S & P Global Trans (NYSE: SPGI) has for several years.

However, the S & P Global Ratses looked at GXO to the negativity in March 2024 when the company acquired Wincanton last year, a logistics provider held in the United Kingdom in that country. The negative view, which is often a first step towards reducing the classification remains.

On the contrary, GXO’s new rating comes with a straight look. The expectations were positive, which are often an introduction to the company’s debt classification.

Gxo is a company circulating for the public, so its money is not secret. Classification procedures can be provided by agencies to companies owned by the private sector, but with debts circulating in effect on financial affairs that may not be available.

Gxo’s shares for the past year were weak, as it decreased about 3.9 %. But it was late late with a 3 -month increase of about 23.4 % and one month less than 18 %. It was one of the strongest logistical stocks in the second quarter.

The S&P step came to take a negative look at GXO when it announced not only the acquisition of Wincanton, but also a financing plan of approximately one billion dollars. But Moody’s view, more than a year, is more positive.

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2025-07-01 16:04:00

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