P.A.M. Transportation’s Q3 well ahead of forecasts

P.A.M. Transportation truck on highway

P.A.M. Transportation Services (NASDAQ: PTSI) reported a “marked improvement” during the third quarter as the truckload (TL) industry distanced itself from a second quarter that displayed steadily improving demand trends, albeit off of a low base, and incremental costs associated with COVID-19.

The Tontitown, Arkansas-based carrier reported net income of $6 million or $1.04 per share. Excluding losses from investments in equity securities, the carrier reported adjusted net income of $6.4...

https://s29755.pcdn.co/news/pam-transportations-q3-well-ahead-of-forecasts

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