Just as Transplace is about to disappear as a separate company, to be acquired by Uber Technologies and partner with the Uber Freight division, Moody’s Investors Service has opened a window into some of the transportation management company’s finances.
The recently released Moody’s report did not change the company’s B2 long-term debt rating, which is about halfway on the ladder of speculative debt ratings maintained by Moody’s. All of the B ratings are defined as “speculative and subject to...