P.A.M.'s net income shrinks

July 28, 2003
P.A.M. Transportation Services Inc.'s second-quarter net income was 20% lower than it reported during the same period last year. The company reported net income of $4,046,569 for the quarter, and had a net income of $5,033,512 the same quarter of 2002. However, P.A.M.'s operating revenues of $74,956,404 for the second quarter were a 5.8% increase over those reported in the second quarter of 2002.

P.A.M. Transportation Services Inc.'s second-quarter net income was 20% lower than it reported during the same period last year.

The company reported net income of $4,046,569 for the quarter, and had a net income of $5,033,512 the same quarter of 2002.

However, P.A.M.'s operating revenues of $74,956,404 for the second quarter were a 5.8% increase over those reported in the second quarter of 2002. Operating revenues for the six months ended June 30 were $145,095,314, an 8.2% increase over the same period last year.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

The Road Ahead: 2025 Trucking and Fleet Insights

Discover how fleet operators are impacted by challenges like driver onboarding delays and complex compliance, and the critical need for technology to boost efficiency and cut ...

Driving Growth: How to Manage More Freight

Ready to grow your trucking business? Whether you have 25 or 200 trucks, this guide offers practical tips and success stories to help you expand with confidence. Discover how ...

How to Maximize Fleet Management with Vehicle Bypass

Join us on February 18th to learn how truck weigh station bypass systems boost fleet performance and driver satisfaction.

Optimizing your fleet safety program using AI

Learn how AI supports fleet safety programs with tools for compliance monitoring, driver coaching and incident analysis to reduce risks and improve efficiency.