Is there a way to remove the spacing around the site logo?

Hello, Great theme guys! Is there a way that I can remove the spacing around my site logo so that the header bar is the same height as the image itself? For reference my site is here: http://itsonthemeter.com/ Ideally I'd like that blue border removed from around the It's on the Meter logo image (is there also a way to change that blue to white?). Also, is there a way to reduce the height of the promotional headline section? Thank you!