P.A.M. Transportation Services Inc. today reported net income of $2,817,568 for the quarter, which was less than the $3,606,090 in the same period last year.
However, revenues for first quarter increased 10.8% to $70,138,910 compared to the same quarter of 2002.
President Robert W. Weaver said increased fuel costs, severe winter weather and the cost of new equipment combined to negatively impact earnings.
