Pam Transportation Services traded at $12.24 this Friday October 2nd, increasing $0.37 or 3.12 percent since the previous trading session. Looking back, over the last four weeks, Pam Transportation Services gained 3.01 percent. Over the last 12 months, its price rose by 7.84 percent. Looking ahead, we forecast Pam Transportation Services to be priced at 11.50 by the end of this quarter and at 10.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
P.A.M. Transportation Services, Inc. is a holding company. The Company through its subsidiaries, operates as a truckload transportation and logistics company. It operates as a truckload dry van carrier transporting general commodities throughout the continental United States, as well as in certain Canadian provinces. Its operations are classified into truckload services, or brokerage and logistics services. Its truckload services are performed by Company divisions, which utilize Company owned trucks, long-term contractors, or single-trip contractors to transport loads of freight for customers. Its brokerage and logistics services facilitate the transport of loads of freight for customers and involve the utilization of single-trip contractors. The Company also provides transportation services in Mexico under agreements with Mexican carriers. Its freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods.