P.A.M.'s 1Q income rises

Truckload carrier P.A.M. Transportation Services said its net income in the first quarter of 2002 climbed to over $3.6 million compared to just over $2.6 million in the same period last year. Revenues also increased in the first quarter, climbing 8.4% to $63.3 million compared to $58.4 million in the same quarter of 2001. P.A.M. President Robert Weaver said the company's dry van business has been

Sean Kilcarr

April 17, 2002

P.A.M. President Robert Weaver said the company's dry van business has been strong in the first quarter of this year. He added that a successful stock offering by the Tonititown, AR-based carrier had a "significant positive impact" on its first quarter balance sheet and allowed P.A.M. to repay a portion of outstanding debt.

About the Author

Sean Kilcarr

Editor in Chief

Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.