P.A.M. to Acquire Decker Assets

October 22, 1998 10:20 AM, EDT

P.A.M. Transportation Services, Tontitown, Ark., agreed to acquire assets of Decker Transport of Riverdale, N.J., for an undisclosed amount of cash.

The deal is subject to completion of a due diligence investigation and certain regulatory approvals.

Decker is a truckload carrier with revenue of about $48 million in 1997.

"We believe this acquisition will provide a number of synergies and also provide a more diverse customer base to complement our dedicated business," P.A.M. President Robert W. Weaver said.

The parties expect to close the transaction at the end of this year.

125