Reports Q1 revenue $122.8M, consensus $128.45M. “We showed disciplined execution during the first quarter, maintaining our cargo-focused strategy and delivering consistent premium TCE rates supported by our portfolio of long-term contracts,” stated Mark Filanowski, Chief Executive Officer of Pangaea Logistics (PANL) Solutions. “Our results reflected both the expected seasonal softness early in the quarter and increased market volatility driven by shifting U.S. trade policy dynamics.”
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