UPS Rating Lowered by Moody's on Debt to Leave Fund

Discussion in 'The Latest UPS Headlines' started by cheryl, Dec 20, 2007.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Rating Lowered by Moody's on Debt to Leave Fund - Bloomberg

    United Parcel Service Inc.'s long- term credit rating was cut from the highest level by Moody's Investors Service because of added debt to leave a Teamsters' pension fund and weakening demand for freight shipments.