PAMT Corp

pamtransport.com

What Do They Do?

Transports truckload freight and arranges shipments for manufacturers, retailers and other shippers across the United States, Mexico and Canada.

How Do They Make Money?

Customers pay agreed rates to move freight between locations; PAMT earns revenue as shipments progress toward delivery. Fuel surcharges adjust freight rates on a sliding scale tied to diesel prices.

revenue

Segment	Share	Revenue
Freight Transportation Service	88% FY2022: 86%
Fuel Surcharge	12% FY2022: 14%

Who Are Their Customers?

Manufacturers, retailers and other shippers use PAMT to move freight; the company also arranges transportation using third-party carriers. Its customers include automakers and suppliers to automakers.

Customers above 10% of revenue, FY2025

of revenue from one customer

FY2023: 12% from one customer

Do Revenues Turn Into Profits?

No. It lost $52.6M in FY2025.

Operating income, FY2025

−11% of revenue

▲ +74% (Loss) vs FY2024 (−$36.8M, −5%)

Net income, FY2025

−9% of revenue

▲ +65% (Loss) vs FY2024 (−$31.8M, −4%)

Free cash flow, FY2025

−4% of revenue

▼ −71% (Loss) vs FY2024 (−$81.7M, −11%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +9%; vs $151.1M in Q2 FY2025
Net income: ▼ −23% (Loss); vs −$9.6M in Q2 FY2025

Freight Transportation Service share of revenue vs 88.5% in Q2 FY2025

Aug 4, 2026 Daniel C. Kleine appointed chief financial officer Daniel C. Kleine was elected CFO effective immediately.

Shrinking. Revenue fell 15% in 4 years, from $707.1M in FY2021 to $598.1M in FY2025, about 4% a year.

Revenue over time

Freight Transportation Service Fuel Surcharge

$1B$500M$0

FY2021 FY2022 FY2023 FY2024 FY2025

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