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P.A.M.'s earnings pull ahead in 3Q

Nov. 4, 2002

P.A.M. Transportation Services posted higher net income in the third quarter and for the first nine months of 2002 compared to the same periods last year. For the third quarter, P.A.M. recorded net income of $3.95 million on revenues of $65 million, versus net income of $2 million on revenues of $53.6 million in the same quarter last year. For the first nine months of 2002, the Tontitown, AR-based

Sean Kilcarr

P.A.M. Transportation Services posted higher net income in the third quarter and for the first nine months of 2002 compared to the same periods last year.

For the third quarter, P.A.M. recorded net income of $3.95 million on revenues of $65 million, versus net income of $2 million on revenues of $53.6 million in the same quarter last year.

For the first nine months of 2002, the Tontitown, AR-based truckload carrier posted net income of more than $12.5 million on revenues of $199.1 million, compared to $7.5 million in net income on $169.5 million in revenues over the same period in 2001.

About the Author

Sean Kilcarr | Editor in Chief

Sean previously reported and commented on trends affecting the many different strata of the trucking industry. Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.