Earnings ·
Reports Q3 net loss of $8.1M on $162.5M revenue as operating ratio hits 103.1%
PAMTPamt Corp
PAMT CORP reported a consolidated net loss of $8.1 million, or diluted loss per share of $0.38, for the third quarter ended September 30, 2026. Total revenues increased 8.2% year-over-year to $162.5 million, driven by an 11% sequential improvement in rate per mile. However, operating losses widened slightly due to higher net fuel costs, increased driver recruitment expenses, and reduced gains on the sale of used equipment. For the nine-month period, the company posted a net loss of $15.5 million against revenues of $469.1 million. PAMT CORP is a holding company that owns subsidiaries engaged in providing truckload dry van carrier services transporting general commodities throughout the continental United States and into Canada and Mexico.