P.A.M. Transportation Services, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 16, 2019 at 05:15 pm
Share
P.A.M. Transportation Services, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced total revenue was USD 138.174 million compared to USD 110.889 million a year ago. Operating income was USD 14.675 million compared to USD 3.352 million a year ago. Net income was USD 6.070 million compared to USD 31.561 million a year ago. Diluted earnings per share was USD 1.01 compared to USD 5 a year ago. For the full year, total revenue was USD 533.261 million compared to USD 437.838 million a year ago. Operating income was USD 41.602 million compared to USD 12.680 million a year ago. Net income was USD 23.994 million compared to USD 38.899 million a year ago. Diluted earnings per share was USD 3.9 compared to USD 6.08 a year ago.
P.A.M. Transportation Services, Inc. is a holding company. The Company, through its subsidiaries, is engaged in providing truckload dry van carrier services transporting general commodities throughout the continental United States, as well as in the Canadian provinces of Ontario and Quebec. The Companyâs subsidiaries also provide transportation services in Mexico through its gateways in Laredo and El Paso, Texas, under agreements with Mexican carriers. Its freight consists primarily of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods. Its truckload services are performed by Company divisions that generally utilize Company-owned trucks, long-term contractors, or single-trip contractors to transport loads of freight for customers, while its brokerage and logistics services coordinate or facilitate the transport of loads of freight for customers and generally involve the utilization of single-trip contractors.
P.A.M. TRANSPORTATION SERVICES, INC. 
