Reported about 6 hours ago
Moody's Investors Service has downgraded Wabash National's debt rating for the second time this year, reducing its corporate family rating to B2 from B1 amid a prolonged downturn in the trailer market. The downgrade reflects expectations of continued weak credit metrics, declining earnings, and decreased demand in trailer production. Wabash's revenue for 2025 has dropped 20.1%, with a negative outlook projected to persist into 2026 due to deferrals in fleet investments and uncertain market conditions.
Source: YAHOO