Pamt's Brutal Q2 Loss, Trimac Acquires California Freight, & Texas Blocks Shipper Liability | The Morning Minute
In this episode, we kick things off by examining the harsh financial realities facing the truckload sector, where Pamt Corp. posted its seventh consecutive quarterly net loss and a staggering 110.6% adjusted operating ratio in its truckload division. Despite slashing its fleet by over four hundred tractors in three years, the company is finally seeing emerging signs of relief with a four percent sequential increase in revenue per loaded mile and constrained driver supply creating potential rate correction opportunities ahead. Next, we explore a major consolidation in the specialized bulk…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.