P.A.M. to Acquire Decker Assets

P.A.M. Transportation Services, Tontitown, Ark., agreed to acquire assets of Decker Transport of Riverdale, N.J., for an undisclosed amount of cash.

The deal is subject to completion of a due diligence investigation and certain regulatory approvals.

Decker is a truckload carrier with revenue of about $48 million in 1997.

"We believe this acquisition will provide a number of synergies and also provide a more diverse customer base to complement our dedicated business," P.A.M. President Robert W. Weaver said.

The parties expect to close the transaction at the end of this year.

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