S&P Cuts Odyssey Rating, Amazon NLRB Win, & Old Dominion May Update | The Morning Minute
In this episode, we kick things off with a grim warning from Wall Street about one of the industry's more specialized logistics players. S&P Global Ratings has slashed Odyssey Logistics' debt rating to CCC+ and warned of a possible default in 2027. The third-party logistics provider faces $125 million in revolving credit maturing in July 2027 and a massive $490 million term loan due that October, with S&P projecting the company will exhaust all available liquidity as utilization climbs to approximately $42 million by mid-2027. Next, we discuss a major legal victory for the e-commerce giant in…
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