P.A.M. Transportation Services, Inc. today reported net income of $16,593,007 for 2002, vs. net income of $10,071,155 for 2001. Revenues were $264,011,924 in 2002 compared to 2001 revenues of $225,793,731.
Operating income for the year was $29,640,070, a 39.4% increase over prior year operating income of $21,268,980.
"While it's been a difficult year for the industry, our top and bottom line growth is attributable to the dedication and hard work shown by our employees," president Robert W. Weaver said. "We are fortunate to have that kind of staff to meet the opportunities and challenges in 2003."