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Con-Way rating notch above junk

Discussion in 'Con-Way' started by Cybergal, Dec 12, 2008.

  1. Dec 12, 2008 #1
    Cybergal

    Cybergal Road Train Member

    6,272
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    Oct 20, 2008
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    S&P Cuts Trucker Con-Way's Credit Rating To Notch Above Junk
     
    Cybergal, Dec 12, 2008
    Cybergal, Dec 12, 2008
    #1
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  3. Dec 12, 2008 #2
    dancnoone

    dancnoone "Village Idiot"

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    Aaah yes....


    But they didn't include the disclaimer (on site in the drivers forum of said company), That these reports are put out by people who don't know squat about reading a stock market report.

    At least that's what con-Way TL drivers are telling anyone who questions this "rating". And we ALL know truck drivers are expert in fields such as this.
     
    dancnoone, Dec 12, 2008
    dancnoone, Dec 12, 2008
    #2
  4. Dec 13, 2008 #3
    AspiringTrucker

    AspiringTrucker Light Load Member

    63
    7
    Apr 17, 2008
    Albuquerque, NM
    0
    The wording in that rating states the downgrade was due to their LTL division. The TL division is run seperately from the LTL division, which makes up a majority of the business.
     
    AspiringTrucker, Dec 13, 2008
    AspiringTrucker, Dec 13, 2008
    #3
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