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P.A.M. Earnings Up for 3Q

Published Monday, November 01, 2004

Tontitown, AR-based truckload operator P.A.M. Transportation Services said its net income rose in the third quarter compared to the same quarter last year. However, earnings declined overall through the first nine months of 2004 as compared to 2003, as overall revenues remained relatively flat while fuel prices soared to record highs. Robert Weaver, P.A.M.’s president, said net income reached over $3.14 million in the third quarter on 1.4% higher revenues of $75.2 million, while profits topped $8.82 million on 5.8% higher revenues of $231.9 million for the first nine months of 2004. In terms of profits, those results ...

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