Pangaea Logistics logs $8.3M profit in Q3

PANGAEA LOGISTICS SOLUTIONS reported a profit of $8.3 million in the third quarter. / COURTESY PANGAEA LOGISTICS SOLUTIONS LTD.
PANGAEA LOGISTICS SOLUTIONS reported a profit of $8.3 million in the third quarter. / COURTESY PANGAEA LOGISTICS SOLUTIONS LTD.
NEWPORT – Pangaea Logistics Solutions Ltd. reported a profit of $8.3 million in the third quarter, or 19 cents per diluted share, matching results from one year prior, according to a company filing with the Securities and Exchange Commission Friday. The company, which is headquartered in Newport and now has a terminal operation at Brayton…

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