About 11 years after Moody’s first placed a Baa1 rating on J.B. Hunt’s publicly traded debt, the ratings agency this week affirmed that rating.
It’s been a remarkable run of stability for the trucking and intermodal giant (NASDAQ: JBHT). The Baa1 rating – three notches above the dividing line between investment-grade and non-investment-grade debt – dates back to 2014.
Baa1 is equivalent to the BBB rating of S&P Global Ratings. S&P has had a BBB rating on J.B. Hunt since 2012, though last summer...
https://www.freightwaves.com/news/j-b-hunt-keeps-its-11-year-old-debt-rating-from-moodys