Daseke turnaround nets ‘positive outlook’ from ratings agency

Daseke affiliate E.W. Wylie

Following a significant third-quarter earnings beat, flatbed carrier Daseke (NASDAQ: DSKE) has received a “positive outlook” from S&P Global Ratings (NYSE: SPGI).

Citing recent improvement in the company’s operating performance and credit profile, the ratings agency raised its outlook on Daseke from negative to positive. “The positive outlook reflects Daseke’s better-than-expected operating performance and credit metrics in 2020 and our expectation for continued improvement in 2021,” the report...

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