PAM finishes 2004 on a positive footing

Feb 9, 2005 10:18 AM, from staff and wire reports

Tontitown AR-based PAM Transportation Services Inc, which includes refrigerated service at David McNeill Trucking, reported net income of $1,829,955 for the quarter ended Dec 31, 2004, and $10,655,684 for the 2004 calendar year. These results compare with net income of $1,662,080 and $11,490,725, respectively, for the fourth quarter and full-year 2003.

Operating revenues excluding fuel surcharges were $77,508,358 for the fourth quarter of 2004, a 4.4% increase versus $74,235,660 for the 2003 fourth quarter. Operating revenues excluding fuel surcharges for the 2004 calendar year totaled $309,474,540, a 5.4% gain compared with $293,546,854 for the 2003 calendar year.

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