Moody’s maintains ‘stable’ outlook for US ports despite weakening cargo volumes
Ratings agency says ports’ healthy balance sheets and strong credit metrics affords them a cushion from the impact of decreasing volumes
US ports are in a good position to weather the current cargo lull, but a mild recession in the second half of the year will likely constrain growth. Moody’s maintained a stable outlook for US public ports but said this could change if it expects economic conditions and cargo volumes to worsen or improve
If content does not display, please refresh your browser.