P.A.M.'s income and revenues rise

March 14, 2003
P.A.M. Transportation Services, Inc. today reported net income of $16,593,007 for 2002, vs. net income of $10,071,155 for 2001. Revenues were $264,011,924 in 2002 compared to 2001 revenues of $225,793,731. Operating income for the year was $29,640,070, a 39.4% increase over prior year operating income of $21,268,980. "While it's been a difficult year for the industry, our top and bottom line growth
P.A.M. Transportation Services, Inc. today reported net income of $16,593,007 for 2002, vs. net income of $10,071,155 for 2001. Revenues were $264,011,924 in 2002 compared to 2001 revenues of $225,793,731.

Operating income for the year was $29,640,070, a 39.4% increase over prior year operating income of $21,268,980.

"While it's been a difficult year for the industry, our top and bottom line growth is attributable to the dedication and hard work shown by our employees," president Robert W. Weaver said. "We are fortunate to have that kind of staff to meet the opportunities and challenges in 2003."

About the Author

Tim Parry

Sponsored Recommendations

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

How to Choose the Right Route Planning Solution

This free buyer's guide will help equip you with the knowledge and insights needed to analyze route planning software and vendors in the market and, ultimately, make an informed...

How to Put Your Trucking Data to Work

How fleets can overcome data overload to optimize operations and get ahead.

Voice your opinion!

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