P.A.M. Transportation Services (NASDAQ: PTSI) reported net income of $11.9 million during the first quarter of 2021 compared to a loss of $1.3 million in the year-ago quarter.
The Tontitown, Arkansas-based carrier’s consolidated revenue increased 15% year-over-year to $149 million as its logistics division saw revenue more than double in the period.
The company doesn’t provide operating metrics — loads, revenue per load or gross margin — for its logistics segment but the operating ratio improved...
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