PAM, flying high on Wall Street, sets $1 billion target for 2025

PAM Transport, whose stock has risen roughly 185% in the past 12 months, has spelled out its ambitious long-term goals in an unusual way.

The truckload carrier, which traditionally has depended heavily on auto industry-related business, announced it would be a presenter at the Dec. 1 Stephens Annual Investment Conference. That in itself was somewhat surprising, with more than 65% of PAM (NASDAQ: PTSI) owned by Matthew T. Moroun or trusts tied to him. Companies like that generally have less of a...

https://www.freightwaves.com/news/pam-flying-high-on-wall-street-sets-1-billion-target-for-2025

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