Pangea Logistics Solutions reports $3.3M profit in Q2

PANGEA LOGISTIC SOLUTIONS reported a second quarter profit of $3.3 million. / COURTESY PANGEA LOGISTIC SOLUTIONS
PANGEA LOGISTIC SOLUTIONS reported a second quarter profit of $3.3 million. / COURTESY PANGEA LOGISTIC SOLUTIONS
NEWPORT – Pangea Logistics Solutions Ltd. earned a profit of $3.3 million in the second quarter of 2020, a decline from $5.2 million one year prior, the company reported Wednesday. The company, which provides logistics services to industrial customers that require the transportation of dry bulk cargoes, said that earnings per diluted share were 7…

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