Pamt Corp. reports third consecutive net loss, affected by automobile industry ties and tariff impact. Second-quarter net loss of $9.6 million surpasses previous quarters. Per-share results boosted by gains on equipment sales and non-operating income, with higher interest expense as a negative factor.

Revenue for Pamt Corp. drops 17% year-over-year, with truckload segment revenue declining 14%. Average trucks in service down 11%, revenue per truck per week decreases 2%. Loaded miles decrease by 12% year-over-year, revenue per loaded mile down 2% excluding fuel surcharges.

Pamt Corp.’s TL unit suffers seventh consecutive operating loss with adjusted operating ratio of 112.5%. Expenses increase in salaries, wages, benefits, rents, purchased transportation, and depreciation. Logistics unit sees 24% revenue decline with 98.7% operating ratio.

Pamt Corp. reports a 24% revenue decline in logistics unit, with an operating ratio of 98.7%. Operating cash flow for the first half of 2025 is $17.2 million. Liquidity at the end of the quarter stands at $177 million, with $331 million in outstanding debt.

Read more at Yahoo Finance: Losses mount at Pamt, TL unit posts 112.5% OR