French shipping and logistics giant CMA CGM reported sharply higher second-quarter earnings on Tuesday, benefiting from resilient global trade, higher freight rates and strong cargo demand despite mounting geopolitical disruptions across the Middle East. CMA CGM transported 6.33 million TEUs during the quarter, a 6%increase year-over-year, while shipping revenue jumped 22% to $10.0 billion. CMA CGM continued deploying alternative multimodal corridors to maintain supply chains serving Gulf countries. Stonepeak acquired a 25% stake in the business through a $2.4 billioninvestment, while CMA CGM retained operational control. Looking ahead, CMA CGM warned that uncertainty remains elevated.