AJOT Newsroom
| December 08, 2021
| Intermodal | Trucking
Trucking fleets are experiencing heightened demand pressure from ongoing global supply chain issues, US inland transportation backlogs and labor issues. However, trucking fleet operators’ financial health remains resilient, leading to low default rates and stable transportation-backed ABS performance, Fitch Ratings says. Furthermore, limited supply of Class 8 heavy duty trucks and trailers (chassis) cause increased asset values, driving up recovery rates within ABS transactions.
