Welcome to our dedicated page for PAMT news (Ticker: PAMT), a resource for investors and traders seeking the latest updates and insights on PAMT stock.
PAMT CORP (NASDAQ: PAMT) is a holding company in the trucking industry whose subsidiaries provide truckload dry van carrier services for general commodities across the continental United States and the Canadian provinces of Ontario and Quebec. The company also reports that its consolidated operating subsidiaries offer transportation services in Mexico through gateways in Laredo and El Paso, Texas, under agreements with Mexican carriers. News about PAMT CORP often centers on its financial performance, operating metrics, and capital allocation decisions.
Investors following PAMT news can find detailed quarterly and annual results, including operating revenue, revenue before fuel surcharge, fuel surcharge, operating (loss) or income, and net (loss) or income. The company regularly reports key operating statistics for its truckload operations, such as total miles, empty miles factor, revenue per total mile before fuel surcharge, total loads, and revenue per truck per workday and per week. It also provides data for its logistics operations, including total revenue and operating ratio.
Recent PAMT CORP news releases have included earnings announcements for multiple quarters, discussion of operating ratios for truckload and logistics operations, and explanations of non-GAAP measures like adjusted operating (loss) income and adjusted operating ratio. The company has also issued news regarding a modified “Dutch auction” self tender offer to repurchase a portion of its outstanding common stock, including the commencement of the offer, an increase in the minimum purchase price, and preliminary and final results of the tender.
This news page aggregates company-issued releases and related updates so that readers can review PAMT CORP’s reported financial results, operating trends, and share repurchase actions over time. Users interested in the trucking and logistics space can monitor how PAMT CORP describes its performance and strategic capital decisions through these official announcements.
PAMT CORP (NASDAQ: PAMT) reported Q4 2025 revenue of $141.3M and full-year 2025 revenue of $598.1M, declines of 15.1% quarter-over-quarter and 16.3% year-over-year. GAAP net loss was $29.3M in Q4 and $52.6M for 2025; adjusted non-GAAP losses exclude a $26.5M auto-liability reserve increase.
The company ended 2025 with $143.5M of cash, marketable securities and available liquidity, $210.5M stockholders' equity and $333.9M outstanding debt; operating cash flow was $17.3M for 2025.
PAMT CORP (NASDAQ: PAMT) reported Q3 2025 operating revenue of $150.3M, down 17.7% YoY, and a consolidated net loss of $5.6M (diluted loss per share $0.27) for the quarter ended September 30, 2025. Operating loss was $5.7M and operating ratio was reported at 103.8%. For the nine months, operating revenue was $456.7M and net loss was $23.4M.
Liquidity included $175.4M of cash, marketable securities and available credit; outstanding debt was $342.4M, up $16.9M from December 31, 2024.
PAMT CORP (NASDAQ: PAMT) has announced significant leadership changes, with CFO Lance K. Stewart being promoted to President and CEO effective August 4, 2025. Stewart, a 56-year-old Tontitown native with extensive company experience dating back to 1989, replaces interim CEO Matthew T. Moroun, who will return to his role as Chairman of the Board.
Daniel C. Kleine, recently promoted Senior Vice President of Finance and Treasurer, will serve as the principal financial and accounting officer until a permanent CFO is appointed. The company is also conducting a national search for an additional executive in operations.
[ "Appointment of experienced internal candidate Lance Stewart as CEO, bringing over 30 years of company knowledge", "Smooth leadership transition with interim CEO returning to Chairman role", "Clear succession planning with temporary financial officer appointment while searching for permanent CFO" ]PAMT Corp (NASDAQ: PAMT) reported disappointing Q2 2025 financial results, with total revenues declining 17.4% year-over-year to $151.1 million. The company recorded a net loss of $9.6 million, or $0.46 per diluted share, compared to a net loss of $2.9 million ($0.13 per share) in Q2 2024.
The trucking company's operating ratio deteriorated to 107.3%, with an operating loss of $11.1 million. As of June 30, 2025, PAMT maintained $177.1 million in total liquidity and $244.9 million in stockholders' equity, while outstanding debt increased by $5.7 million to $331.2 million compared to December 2024.
The company's truckload operations showed weakness with total miles decreasing to 40.4 million, while the operating ratio worsened to 112.5% from 103.7% year-over-year.PAMT CORP reported disappointing Q1 2025 financial results, with total revenues declining 14.9% year-over-year to $155.3 million. The company posted a net loss of $8.1 million, or $(0.37) per diluted share, compared to net income of $0.3 million, or $0.01 per share in Q1 2024.
Key financial metrics include:
- Operating loss of $9.2 million
- Operating ratio increased to 105.9%
- Operating cash flow usage of $1.4 million
- Outstanding debt of $309.2 million, decreased by $16.3 million from December 2024
- Available liquidity of $162.5 million including cash and marketable securities
The truckload segment showed weakening performance with revenue per truck per week declining to $3,363 from $3,533, while the logistics operations reported an operating ratio of 98.0% compared to 93.9% in the previous year.
PAMT CORP (NASDAQ: PAMT) has announced an increase in the minimum purchase price for its modified 'Dutch auction' tender offer to buy up to 435,000 shares of its common stock. The company has raised the minimum price from $14.00 to $14.50 per share, while maintaining the maximum price at $17.00 per share.
The tender offer will expire on May 1, 2025, at 5:00 p.m. Eastern Time, unless extended or withdrawn. Any shares tendered below $14.50 will automatically be considered as tendered at $14.50. The company has retained Computer Share Trust Company as the depositary and Georgeson as the information agent for the tender offer.
PAMT CORP operates as a holding company providing truckload dry van carrier services throughout the continental United States and Canadian provinces of Ontario and Quebec, with transportation services in Mexico through gateways in Laredo and El Paso, Texas.
PAMT CORP (NASDAQ: PAMT) has announced a modified 'Dutch auction' tender offer to repurchase up to 435,000 shares (approximately 2.0%) of its outstanding common stock at a price range of $14.00 to $17.00 per share. The tender offer expires on May 1, 2025.
The company plans to fund the share repurchase using available cash and cash equivalents, with potential utilization of its existing credit line. The Board's decision was based on the company's current financial condition and stock price. Shareholders can specify both quantity and price within the given range, with the final purchase price determined by the lowest price that allows PAMT to buy the targeted number of shares.
PAMT operates as a holding company providing truckload dry van carrier services throughout the continental United States, Ontario, Quebec, and Mexico through gateways in Laredo and El Paso.
PAMT CORP reported significant losses for Q4 and full-year 2024. The company posted Q4 revenues of $166.5 million, down 7.6% year-over-year, with a net loss of $31.6 million ($1.45 per share). Full-year 2024 revenues decreased 11.9% to $714.6 million with a net loss of $31.8 million.
Key factors impacting Q4 results include a $24.7 million increase in depreciation due to accounting estimate changes and a $6.4 million impairment charge related to declining used equipment values. Excluding these one-time charges, adjusted Q4 operating loss was $6.6 million.
The company's liquidity position shows $170.5 million in cash, marketable securities, and available credit, with outstanding debt of $325.6 million, up $63.9 million from 2023. Operating cash flow for 2024 was $59.0 million.