Directory of Transportation 2024 | Page 70

Copyright © 2024 by S & P Global Market Intelligence , a division of S & P Global Inc . All rights reserved .
These materials have been prepared solely for information purposes based upon information generally available to the public and from sources believed to be reliable . No content ( including index data , ratings , credit-related analyses and data , research , model , software or other application or output therefrom ) or any part thereof ( Content ) may be modified , reverse engineered , reproduced or distributed in any form by any means , or stored in a database or retrieval system , without the prior written permission of S & P Global Market Intelligence or its affiliates ( collectively S & P Global ). The Content shall not be used for any unlawful or unauthorized purposes . S & P Global and any third-party providers ( collectively S & P Global Parties ) do not guarantee the accuracy , completeness , timeliness or availability of the Content . S & P Global Parties are not responsible for any errors or omissions , regardless of the cause , for the results obtained from the use of the Content . THE CONTENT IS PROVIDED ON “ AS IS ” BASIS . S & P GLOBAL PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES , INCLUDING , BUT NOT LIMITED TO , ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE , FREEDOM FROM BUGS , SOFTWARE ERRORS OR DEFECTS , THAT THE CONTENT ’ S FUNCTIONING WILL BE UNINTERRUPTED OR THAT THE CONTENT WILL OPERATE WITH ANY SOFTWARE OR HARDWARE CONFIGURATION . In no event shall S & P Global Parties be liable to any party for any direct , indirect , incidental , exemplary , compensatory , punitive , special or consequential damages , costs , expenses , legal fees , or losses ( including , without limitation , lost income or lost profits and opportunity costs or losses caused by negligence ) in connection with any use of the Content even if advised of the possibility of such damages .
S & P Global Market Intelligence ’ s opinions , quotes and credit-related and other analyses are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase , hold , or sell any securities or to make any investment decisions , and do not address the suitability of any security . S & P Global Market Intelligence may provide index data . Direct investment in an index is not possible . Exposure to an asset class represented by an index is available through investable instruments based on that index . S & P Global Market Intelligence assumes no obligation to update the Content following publication in any form or format . The Content should not be relied on and is not a substitute for the skill , judgment and experience of the user , its management , employees , advisors and / or clients when making investment and other business decisions . S & P Global keeps certain activities of its divisions separate from each other to preserve the independence and objectivity of their respective activities . As a result , certain divisions of S & P Global may have information that is not available to other S & P Global divisions . S & P Global has established policies and procedures to maintain the confidentiality of certain nonpublic information received in connection with each analytical process .
S & P Global may receive compensation for its ratings and certain analyses , normally from issuers or underwriters of securities or from obligors . S & P Global reserves the right to disseminate its opinions and analyses . S & P Global ’ s public ratings and analyses are made available on its websites , www . standardandpoors . com ( free of charge ) and www . ratingsdirect . com ( subscription ), and may be distributed through other means , including via S & P Global publications and third-party redistributors . Additional information about our ratings fees is available at www . standardandpoors . com / usratingsfees .