Moody’s lowers freight rail industry outlook to negative for 2020

(Source: Freight Waves, November 4, 2019)

CHATTANOOGA, Tenn. — Moody’s Investors Service has lowered its outlook for the North American freight rail industry to negative from stable amid expectations that overall freight volumes could fall by 1.75% to 3% over the next 12 to 18 months. The credit ratings firm also expects rail industry revenue to be relatively flat during the same period.

Full story: Freight Waves

Monday, November 4, 2019

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