P.A.M. Transportation Services
P.A.M. Transportation Services Inc. announced second-quarter net income of $2.4 million, or 29 cents per share. That compares with net income of $2.1 million, or earnings per share of 25 cents, for the same period of 1997.
Operating revenues for the quarter were $36 million, a 14.9 percent increase compared to $31.4 million for the second quarter of 1997.
Operating income for the quarter was $4.9 million, a 15.5 percent increase compared to operating income of $4.3 million for the prior year’s second quarter.
The company’s operating ratio for the three-month period was 86.3 percent compared to 86.4 percent for the same period a year earlier.