XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says
Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.
February 12, 2024Private Financing Tool Rejected in House Tax Bill
Tax breaks designed to help the private sector finance infrastructure projects were not included in a Republican tax overhaul bill President Donald Trump would consider by the end of the year.
November 9, 2017Outlook for Kansas DOT Bonds Goes Negative
In response to an additional $553 million in planned transportation projects being delayed because of the state’s budget crunch, Moody’s Investors Service downgraded its outlook for Kansas highway bonds from stable to negative.
May 9, 2016FMCSA to Provide Brokers Additional Time To Prove They’ve Increased Bonds to $75,000
The Federal Motor Carrier Safety Administration said it will provide additional time for freight brokers to supply proof they’ve increased their minimum surety bonds to $75,000 from $10,000.
September 16, 2013