How did PANL's revenue and expenses trend in Q4 2024 compared to previous quarters?

Pangaea Logistics (PANL) experienced a decrease in total revenue from $153.12 million in Q3 2024 to $147.17 million in Q4 2024, a decline of approximately 4%. However, the company's total expenses were not provided for Q4 2024, making it difficult to assess the trend in expenses for this period compared to previous quarters.