Reported 1 day ago
Pamt Corp., formerly known as Pam Transportation Services, announced a $9.6 million net loss for the second quarter, marking its third consecutive quarterly loss. This poor performance is attributed to declining revenue in its truckload segment and the impact of tariffs on demand within the automobile sector. The company also recorded a troubling operating ratio of 112.5%, indicating ongoing challenges in maintaining profitability.
Source: YAHOO