PAMT Corp
pamtransport.comPAMT Corp (NASDAQ: PAMT) is a motor carrier company that provides asset-based truckload transportation and brokerage logistics services across the continental United States, Mexico, and Canada. Revenue comes from freight charges split between a base rate and a fuel surcharge component, with brokerage and logistics operations using third-party equipment to supplement owned capacity. Headquartered in Tontitown, Arkansas, PAMT operates dedicated, expedited, automotive, local, regional, and long-haul truckload services. Approximately 44% of freight hauled crosses the U.S.-Mexico border as of the FY2025 10-K filed March 12, 2026, making the Laredo, Texas crossing a material operational dependency. Property and equipment stood at $792.4 million as of December 31, 2025, down from $836.5 million at December 31, 2024, reflecting disposal of aging trucks and trailers totaling $160.2 million partially offset by $108.2 million in new equipment purchases. The company reported net losses in both FY2025 and FY2024, with net income positive in FY2023. Operations are reported as a single motor carrier segment under GAAP.
Products & Services
Asset-based truckload services including dedicated, expedited, automotive, local, regional, and long-haul transportation. Brokerage and logistics solutions using third-party equipment. Cross-border U.S.-Mexico freight services operating through terminals in Laredo and El Paso, Texas and Nuevo Laredo, Mexico.
Revenue Model
Transactional freight revenue composed of a base rate charge plus a fuel surcharge, generated from asset-based truckload services and supplemented by brokerage and logistics revenue using third-party carriers. The company also holds a marketable equity securities portfolio with a fair market value of approximately $48.5 million as of December 31, 2025, generating approximately $1.6 million in dividends during FY2025.
Customers & Markets
Shippers requiring truckload capacity in defined high-density traffic lanes across the continental United States, Mexico, and Canada. Cross-border U.S.-Mexico freight is a material end market, representing approximately 44% of freight hauled as disclosed in the FY2025 10-K.
Geographic Exposure
Continental United States as primary market. Mexico as a material cross-border market, with approximately 44% of freight crossing the U.S.-Mexico border as of FY2025. Canada as a minor market. Administrative headquarters in Tontitown, Arkansas.
Financial Snapshot
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