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Who's Making Money? A seasick industry

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Thursday, June 28, 2012
Top publicly-traded lines lose nearly $6 billion in 2011, but climbing debt levels are a larger concern.    By Eric Johnson       Financial results are like the thermometer of any industry.    In the case of liner carriers, the doctor has made a diagnosis, and the patient is pretty sick. Huge losses two of the last three years, escalating debts, and negative cash flow. Those aren’t the characteristics of the worst performers; they’re descriptive of the...
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