Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/23/2014 4:00:00 PM Write a Letter to the Editor Write a letter to the Editor

P.A.M. Swings to First-Quarter Profit

P.A.M. Transportation Services reported first-quarter net income of $1.36 million, or 17 cents per share, turning around a loss of $450,000, or 5 cents, in the prior year.

Revenue fell 2% to $97.8 million, although results were helped by lower fuel costs and increased gains from equipment sales, the truckload carrier said.

“The first quarter was very challenging due to the severe winter weather conditions,” President Daniel Cushman said in a statement. “Industry capacity continues to tighten, which was primarily weather-related in January and February, but we haven’t seen any indication that this tightening will be short-lived.”

P.A.M. Transportation Services, based in Tontitown, Ark., ranks No. 65 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement