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#liquidity-crisis
(3 articles)Risk & Disruption
High ImpactJun 4, 2026Odyssey Logistics faces default risk by 2027 after S&P rating cut
S&P Global Ratings has downgraded Odyssey Logistics to CCC+, placing the specialized third-party logistics provider deep in speculative territory and just five notches above default-grade ratings. Thi
FreightWaves#credit-rating-downgrade#odyssey-logistics#3pl-financial-stress
Risk & Disruption
High ImpactMay 11, 2026Wabash National Faces Third Moody's Downgrade in Year
Wabash National, a major North American trailer manufacturer, received its third debt rating downgrade from Moody's in May 2026, lowering its corporate family rating to B3—six notches below investment
FreightWaves#wabash-national#credit-downgrade#freight-recession
Risk & Disruption
High ImpactMay 8, 2026Forward Air Stock Plummets 45% on Liquidity Crisis Fears
Forward Air Corporation (FWRD), a major North American air freight and express distribution operator, has experienced a catastrophic 45% share price collapse following the release of Q1 2026 financial
The Loadstar#forward-air-crisis#air-freight-operator#liquidity-crisis