# Pangaea Logistics (PANL) Q3 2026 Earnings Call Transcript

> Pangaea Logistics reported Q3 revenue of $219.1 million and adjusted EBITDA of $52.4 million, with record quarterly profitability supported by higher charter rates and seasonal Arctic activity. Time charter equivalent rates rose 31% year over year, while shipping days increased 8%; the company also reported 5,040 shipping days booked for Q4 at an average rate of $21,423 per day.

- Date: 2026-11-06 · published 2026-11-06T21:10:56.476Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/84889-pangaea-logistics-panl-q3-2026-earnings-call-transcript
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher dry-bulk charter rates and shipping activity may signal stronger demand for freight capacity, potentially increasing transport costs for grain and other bulk commodities. The report does not establish a specific change in agricultural supply or prices.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- fool.com: https://www.fool.com/earnings/call-transcripts/2026/11/06/pangaea-logistics-panl-q3-2026-earnings-call-transcript/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.