PAM's second-quarter net income shrinks

Dec. 1, 2003
PAM Transportation Services Inc's second-quarter net income, including refrigerated service at David McNeill Trucking, was 20% lower than it reported

PAM Transportation Services Inc's second-quarter net income, including refrigerated service at David McNeill Trucking, was 20% lower than it reported during the same period in 2002.

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, PAM'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 a year ago.

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Voice your opinion!

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