Bruce Barnard

Global Ship Lease attributed its strong financial position to its independence from the spot charter market.
Global Ship Lease said it is well positioned to acquire more vessels.

More from Bruce Barnard

While general freight demand has taken a hit, premium services offered by International Airlines Group are growing on a tonnage basis.
As overcapacity and weak demand continue to plague the global transportation industry across modes, competition for cargo has only intensified.
Deutsche Bahn’s restructuing efforts to restore profitability are beginning to show results.
Costamare and Diana Containerships said they would focus on maintaining liquidity in the wake of their second-quarter results.
CMA CGM has been investing in Traxens container monitoring solutions, one of which is pictured, since 2015.
Mediterranean Shipping Co. has joined CMA CGM as a co-investor in Traxens.
Rotterdam’s lead over Antwerp as Europe’s largest container port continues to narrow.
Air France-KLM's freight fleet has fallen from 26 in 2005 to six this year and the cargo division seeks to break even in 2017.
Air France-KLM’s cargo loss narrowed slightly in the second quarter, but the airline's cargo unit was still stuck in the red.
Panalpina’s profit stalled and revenue slumped in the first half.
Kuehne + Nagel, the German headquarters of which is pictured, in the second quarter handled more than 1 million TEUs in a single quarter for the first time.
Kuehne + Nagel managed to grow in a largely stagnant global freight environment.
The EU has fined four of Europe’s largest truck manufacturers a record 2.93 billion euros ($3.3 billion).
CMA CGM Monday closed its all-cash offer for Neptune Orient Lines.