STOCK OF THE WEEK: PAM

PAM Transportation Services (PTSI) is a leading truckload dry van carrier transporting general goods throughout the Continental- US, as well as in the providences of Ontario and Quebec. The Company also provides transportation services in Mexico under agreements with Mexican carriers.

Their corporate office is located in Tontitown, AK. Within the five divisions of their company, PAM has approximately 1,800 trucks. The company has a consistent track record of profitability.

They are an irregular route, common carrier which means their trucks do not run on a regular route every day. Most of the freight they transport is known as dry freight (meaning non-refrigerated), general goods. It also means that they can transport virtually anything that people want to ship on a truck.

On February 8th, PAM announced very strong 4th Quarter; Year Ending December 31, 2005 results. Their net income increased $2.5mm or 146% from $1.8mm for the 4th quarter ending December 31st to $4.3mm for the quarter ending December 31, 2005. Earnings per share increased 156% year over year from $.16 to $.41 for the quarter ending December 31st.

As for year end, the Net income was $13.1mm and basic earnings per share of $1.20 compared to last year or $10.6mm and basic earnings per share of $.94.

Operating revenues excluding fuel surcharges for the year end, December 31st were $326.mm, a 5.5% increase compared to $309.mm last year.

Robert W. Weaver, President of the company) was encouraged by the results of their 4th quarter operations. Weaver said "Additionally we had success in raising our rates by 14% from an average rate of $1.18 per mile during the 4th quarter ending December 31, 2004 to an average rate of $1.35 during the quarter ending December 31, 2005. Although we are pleased with these results we know we still have work to do to reduce our operating ratio and to continue to increase our revenues and bottom line profitability. We believe that we have the mechanisms in place to achieve these initiatives".

PAM closed Feb. 22nd on the NASDAQ at $20.25 just $.25 off their 52 week high of $20.50 5 days ago (Feb. 17th). Their 52 week low came on June 17, 2005 @ $13.43.

The trucking business is a very competitive industry. The sharp increase in diesel fuel prices this past fall have many small truckers seeing their profits vanish. However, PAM was successful in a price increase and indications are they have what it takes to weather the tough economical times. Do you have what it takes to move with them?

STOCK OF THE WEEK: PAM

PAM Transportation Services (PTSI) is a leading truckload dry van carrier transporting general goods throughout the Continental- US, as well as in the providences of Ontario and Quebec. The Company also provides transportation services in Mexico under agreements with Mexican carriers.

Their corporate office is located in Tontitown, AK. Within the five divisions of their company, PAM has approximately 1,800 trucks. The company has a consistent track record of profitability.

They are an irregular route, common carrier which means their trucks do not run on a regular route every day. Most of the freight they transport is known as dry freight (meaning non-refrigerated), general goods. It also means that they can transport virtually anything that people want to ship on a truck.

On February 8th, PAM announced very strong 4th Quarter; Year Ending December 31, 2005 results. Their net income increased $2.5mm or 146% from $1.8mm for the 4th quarter ending December 31st to $4.3mm for the quarter ending December 31, 2005. Earnings per share increased 156% year over year from $.16 to $.41 for the quarter ending December 31st.

As for year end, the Net income was $13.1mm and basic earnings per share of $1.20 compared to last year or $10.6mm and basic earnings per share of $.94.

Operating revenues excluding fuel surcharges for the year end, December 31st were $326.mm, a 5.5% increase compared to $309.mm last year.

Robert W. Weaver, President of the company) was encouraged by the results of their 4th quarter operations. Weaver said "Additionally we had success in raising our rates by 14% from an average rate of $1.18 per mile during the 4th quarter ending December 31, 2004 to an average rate of $1.35 during the quarter ending December 31, 2005. Although we are pleased with these results we know we still have work to do to reduce our operating ratio and to continue to increase our revenues and bottom line profitability. We believe that we have the mechanisms in place to achieve these initiatives".

PAM closed Feb. 22nd on the NASDAQ at $20.25 just $.25 off their 52 week high of $20.50 5 days ago (Feb. 17th). Their 52 week low came on June 17, 2005 @ $13.43.

The trucking business is a very competitive industry. The sharp increase in diesel fuel prices this past fall have many small truckers seeing their profits vanish. However, PAM was successful in a price increase and indications are they have what it takes to weather the tough economical times. Do you have what it takes to move with them?

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