P.A.M. Reports Higher First-Quarter Profit

ruckload carrier P.A.M. Transportation Services Inc. said late Tuesday its net income for the first quarter was $2.9 million or 26 cents per share, compared with $2 million or 18 cents last year.

img src="/sites/default/files/images/articles/pamlogo.gif" width=80 align=right>Operating revenues excluding fuel surcharges rose 3.1% to $80.1 million, the company said in a statement.

“Our continued efforts over the last few quarters focusing on rates, cost containment and operational efficiencies are producing more positive results,” said Robert Weaver, P.A.M.’s president.