P.A.M.'s net income rises

P.A.M. Transportation Services Inc. today reported net income of $5,033,512 for the quarter ended June 30 and $8,639,602 for the first six months, which were both significantly higher than last year's results. Operating revenues of $70,840,825 were reported for the second quarter, a 23.3% increase compared over last year. Operating revenues for the first six months were up 15.8%. "To say we are very
July 31, 2002
P.A.M. Transportation Services Inc. today reported net income of $5,033,512 for the quarter ended June 30 and $8,639,602 for the first six months, which were both significantly higher than last year's results.

Operating revenues of $70,840,825 were reported for the second quarter, a 23.3% increase compared over last year. Operating revenues for the first six months were up 15.8%.

"To say we are very pleased with our second quarter would be an understatement," said president Robert W. Weaver. "We are also glad to see that the truckload industry as a whole has made significant improvements in the second quarter as well. We are optimistic that speaks well for the future."

About the Author

Tim Parry

Tim Parry is a former FleetOwner editor. 

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