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PAMT Q2 loss exceeds $7.4 million, revenue up 8%
['Jeff Della Rosa', 'Talk Business', 'Politics Staff']
Talk Business & Politics
After the markets closed Tuesday (Aug. 4), PAMT reported a net loss of $7.44 million, or a loss of 36 cents per share, in the second quarter compared to a loss of $9.62 million, or a loss of 46 cents per share, in the same period last year.
Through the first half of 2026, PAMT reported a loss of $7.45 million, or a loss of 36 cents per share, compared to a $17.77 million loss, or a loss of 83 cents per share, in the same period in 2025.
“Truck productivity, measured in miles per truck per day, increased 12.8% year over year, while uncompensated empty miles improved from 8.9% in the second quarter of 2025 to 7.4% in the second quarter of 2026.
In its logistics operations, revenue rose by 24% to $50.82 million in the second quarter from $40.98 million in the same period last year.
Through the first half of 2026, revenue increased by 11.7% to $95.22 million from $85.25 million in the same period in 2025.