Pangaea Logistics Solutions reports $5.2M profit in Q2

PANGAEA LOGISTICS SOLUTIONS reported a profit of $5.2 million in the second quarter. / COURTESY PANGAEA LOGISTICS SOLUTIONS LTD.
PANGAEA LOGISTICS SOLUTIONS reported a profit of $5.2 million in the second quarter. / COURTESY PANGAEA LOGISTICS SOLUTIONS LTD.
NEWPORT – Pangaea Logistics Solutions Ltd. reported a profit of $5.2 million in the second quarter, or 9 cents per diluted share, in a Securities and Exchange Commission filing this week. The profit for the quarter was less than earnings one year prior, when the company reported a $6.9 million profit, or 13 cents per…

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