PAMT (formerly P.A.M. Transportation Services) is a truckload dry van carrier that hauls general commodities — primarily automotive parts, consumer goods, and manufactured goods — across the continental U.S., Mexico, and Canada. PAMT operates through two service lines: truckload services (~68% of revenue), using a fleet of roughly 2,094 trucks and ~8,020 trailers, and brokerage and logistics services (~32% of revenue), where PAMT coordinates freight using third-party carriers to offer capacity beyond its own fleet. About 44% of revenue comes from cross-border freight to or from Mexico and Canada, which differentiates PAMT from purely domestic carriers. The automotive vertical is PAMT's most important end market, accounting for ~35% of revenue, with GM, Ford, and Walmart being the three largest customers. The top five customers account for ~43% of total revenue. PAMT charges customers per-mile or per-load rates, with profitability driven by equipment utilization, revenue per truck, and fleet size. PAMT uses a mix of company-owned trucks and independent contractors — the latter supply their own trucks and bear their own operating costs, giving PAMT flexible capacity without capital commitment. The key efficiency metric is the operating ratio (operating expenses as a percentage of revenue). PAMT's strategy focuses on high-density traffic lanes to reduce empty miles, improve driver retention, and maintain service consistency, with an emphasis on becoming a preferred, recurring carrier for its customers rather than a spot-market option.