Even as intermodal in recent years has shown steady growth or held earlier gains, the debt rating at chassis supplier TRAC Intermodal has been cut by Moody’s. In an action taken late last month, Moody’s (NYSE: MCO) cut the corporate family rating rating on Stonepeak Taurus Lower Holdings LLC, which does business as TRAC Intermodal, to B3 from B2. B3 is six notches below the cut line for investment grade versus non investment grade ratings. TRAC had been on a negative outlook for almost a year. Meanwh ...