P.A.M. Earnings Down 27.9%
P.A.M. Transportation Services, Inc. a TL carrier, reported its first quarter net income fell 27.9% to $2.03 million, while revenues rose 10.7% to $77.7 million. “A large share of the10.7% increase in revenue is derived from the truck side even though utilization was hampered at times by severe weather conditions,” said president Robert Weaver. However, rising fuel prices and higher equipment costs