P.A.M. Reports Second-Quarter Profit

P.A.M. Transportation Services reported a profit of $1.3 million in the second quarter, compared with a $2.4 million loss a year ago.

Per-share it earned 13 cents, compared with a 25-cent loss a year ago, the truckload carrier said Tuesday.

Revenue rose to $85.2 million from $68.5 million, while logistics revenue rose to $11.1 million from $9.1 million, the company said.

The carrier improved many performance indicators during the quarter, President Daniel Cushman said. This includes equipment utilization, empty miles and rate per mile.

“We are very pleased by our return to profitability for each month of the second quarter,” Cushman said.

P.A.M. is ranked No. 62 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.