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Fitch: Dachser to positive
Fitch Ratings said it has revised Dachser India Private Ltd.'s outlook to positive from stable while affirming its national long-term rating at Fitch BBB+(ind).
The outlook revision reflects Fitch's expectation that Dachser will continue to maintain a strong financial profile in 2012, driven by its strong financial performance over 2010-2011, according to the agency.
However, freight volumes are likely to decline moderately in the year due to the prevailing global economic slowdown, Fitch noted.
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