Standard & Poor’s

Both reports see debt levels rising initially but with a steady move toward a more reasonable level of coverage.

Improving market conditions should support BNSF’s financials in 2021, said S&P on why it modified its ratings for the privately held railroad.

German container carrier now expects 2020 EBITDA of between $2.8 billion and $3.04 billion.

The credit metrics for XPO have weakened but are still good enough for a BB rating.