Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2024
NEWPORT, R.I., May 9, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended March 31, 2024.
- NEWPORT, R.I., May 9, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended March 31, 2024.
- As of March 31, 2024, the Company had $95.9 million in cash and cash equivalents.
- "In 2024, our capital deployment priorities are on the build-out of our on-shore logistics business, together continued investment in our fleet.
- The Company's management team will host a conference call to discuss the Company's financial results on Friday, May 10, 2024 at 8:00 a.m., Eastern Time (ET).