Rate gains fall short as PAM Transport's Q3 loss grows
A 6% year-over-year rate gain wasn't enough to cover rising costs for the truckload carrier.
PAM Transport (CCJ Top 250, No. 55) reported a wider third-quarter net loss as higher fuel costs, increased expenses with hiring drivers and a sharp drop in used-equipment gains outweighed rate improvement.
The truckload carrier posted a net loss of $8.1 million, or 38 cents per share, for the quarter ended Sept. 30. That compares with a loss of $5.6 million, or 27 cents per share, a year earlier.
Operating revenue rose to $162.5 million from $150.3 million in the third quarter of 2025. Fuel surcharge revenue accounted for much of the gain, climbing to $26.6 million from $17.3 million Revenue before fuel surcharge rose about 2.3% to $136.0 million.
The Tontitown, Arkansas-based company’s operating loss narrowed slightly to $5.0 million from $5.7 million, for an operating ratio of 103.1%.
This story was originally published by CCJ. Read the full story at CCJ →
Conversation