Exhibit 99.1 PAMT CORP ANNOUNCES RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2025 First Quarter 2025 Summary Results Tontitown, Arkansas, April 23, 2025...... PAMT CORP (NASDAQ: PAMT) (the "Company") today reported a net loss of $8.1 million, or diluted and basic loss per share of $0.37, for the quarter ended March 31, 2025. These results compare to net income of $0.3 million, or diluted and basic earnings per share of $0.01, for the quarter ended March 31, 2024. Operating revenues decreased 14.9% to $155 ...

Revenue and Customer Concentration - Truckload services operating revenues represented 67.1%, 65.3%, and 66.1% of total operating revenues for the years ended December 31, 2024, 2023, and 2022, respectively [26]. - Approximately 62% of the Company's revenues are derived from domestic shipments, while approximately 38% are from freight originating from or destined to locations in Mexico or Canada [27]. - The five largest customers accounted for approximately 39% of total revenues in 2024, with General Motors, Ford, and Walmart contributing 12%, 9%, and 8% respectively [36]. - Approximately 32% of revenues were derived from transportation services provided to the automobile industry during 2024 [38]. - The top five customers accounted for approximately 39% of the company's revenue in 2024, with General Motors Company alone contributing about 12% [88]. - Approximately 32% of the company's revenues for 2024 were derived from transportation services provided to the automobile industry [88]. Operational Performance and Efficiency - The truckload services division operating ratio increased to 111.2% for 2024 from 97.7% for 2023, indicating a decline in operational efficiency [160]. - For the year ended December 31, 2024, truckload services revenue, before fuel surcharges, decreased 8.4% to $422.0 million compared to $460.9 million for 2023 [152]. - The average number of trucks operated decreased by 3.1%, and total miles traveled decreased by 5.7% from 189.5 million in 2023 to 178.6 million in 2024 [152]. - Salaries, wages, and benefits increased from 37.8% of revenues in 2023 to 38.9% in 2024, reflecting the fixed-cost nature of employing human capital [153]. - Depreciation increased significantly from 13.8% of revenues in 2023 to 23.3% in 2024, attributed to changes in accounting estimates related to salvage values and useful lives of revenue equipment [155]. - The combined net income for all divisions fell to $18.4 million, or 2.6% of revenues, in 2023, down from $90.7 million, or 11.1% of revenues, in 2022 [187]. Industry and Market Conditions - The trucking industry generated over $987 billion in revenue during 2023, moving over 11.8 billion tons of freight [32]. - The trucking industry is capital intensive, and insufficient cash generation from operations may limit growth or lead to unfavorable financing arrangements [76]. - New tariffs on imports from Canada and Mexico could adversely affect operations and profitability, particularly in the automotive manufacturing sector [70]. - Diesel fuel represents a significant operating expense, and fluctuations in fuel prices could materially impact operating results if not recouped through increased freight rates [71]. - The trucking industry faces intense competition for qualified drivers, leading to increased recruitment and retention expenses, negatively impacting operations [51]. Regulatory and Compliance Issues - The company is subject to various regulatory requirements, maintaining a "satisfactory" rating from the DOT, which governs motor carrier operations and safety [54]. - Compliance with EPA and NHTSA standards aims to reduce CO2 emissions and fuel consumption by 7% to 20% for heavy-duty trucks by model year 2017, with further reductions planned through model year 2027 [57]. - The FMCSA's CDL Drug and Alcohol Clearinghouse has removed certain drivers from the available pool, increasing competition and costs for attracting qualified drivers [59]. - The company may incur additional operating costs if placed in "intervention" status by the FMCSA due to safety compliance issues, which could affect driver and customer retention [80]. - The company is subject to various environmental laws, and violations could result in substantial fines or penalties, adversely affecting financial results [104]. Financial Health and Capital Structure - The company’s substantial debt levels may restrict growth and increase vulnerability to adverse economic conditions, potentially affecting financial health [94]. - Interest expense increased from 1.6% of revenues in 2023 to 2.9% in 2024, due to increased long-term debt from $261.7 million to $325.6 million [159]. - Cash generated from operating activities decreased to $59.0 million in 2024 from $114.6 million in 2023 [189]. - Property and equipment increased by approximately $65.4 million from $771.1 million in 2023 to $836.5 million in 2024, primarily due to the purchase of revenue equipment [197]. - The company currently does not intend to pay future cash dividends on its common stock, with any future dividend decisions dependent on financial conditions and results of operations [122]. Cybersecurity and Operational Risks - The company has experienced and will continue to experience cyber incidents, and while its cybersecurity risk management is intended to mitigate threats, it may not prevent all attacks that could adversely impact business and reputation [128]. - The company maintains information security processes and policies to protect systems and data from cyber threats, which remain a priority due to the increasing sophistication of cyber-attacks [108]. - The company relies on third-party business partners for security services, and any security issues they experience could impact the company's operations [111]. Labor and Workforce Challenges - Difficulty in attracting and retaining qualified drivers could adversely affect profitability and growth, necessitating adjustments in compensation or increased recruiting efforts [72]. - Future labor disputes involving major customers could significantly impact revenues and profitability, as seen during the UAW strike in September 2023 [90]. - The company employs 2,304 persons, including 1,520 drivers, as of December 31, 2024 [46]. Asset Management and Impairment - An impairment loss of approximately $6.4 million, or $0.22 loss per share, net of tax, was recognized during the year ended December 31, 2024, due to deteriorating market conditions for used revenue equipment [211]. - The recorded value of marketable equity securities decreased from $43.2 million at December 31, 2023 to $42.6 million at December 31, 2024, due to sales approximating $3.7 million and an increase in market value by approximately $3.1 million [218].

Exhibit 99.1 PAMT CORP ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2024 Fourth Quarter 2024 Summary Results Twelve months ended December 31, 2024 Summary Results Tontitown, Arkansas, February 11, 2025...... PAMT CORP (NASDAQ: PAMT) ("we" or the "Company") today reported consolidated net loss of $31.6 million, or diluted and basic loss per share of $1.45, for the quarter ended December 31, 2024 and consolidated net loss of $31.8 million, or diluted and basic loss per share of $1.45, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or ☐ Transition Report Pursuant to the Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __________to__________ P.A.M. TRANSPORTATION SERVICES, INC. (Exact name of registrant as specified in its charter) Delaware 0-1507 71-0633135 ( ...

Exhibit 99.1 P.A.M. TRANSPORTATION SERVICES, INC. ANNOUNCES RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2024 Third Quarter 2024 Summary Results ● Total revenues of $182.6 million, down 9.4% YoY ● Operating income of $2.3 million ● Operating ratio of 98.7% ● Diluted earnings per share of $0.11 Tontitown, Arkansas, October 24, 2024...... P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) ("we" or the "Company") today reported consolidated net income of $2.4 million, or diluted and basic earnings per sh ...

Revenue Performance - Truckload services revenue, before fuel surcharges, decreased 11.4% to $106.6 million in Q2 2024 compared to $120.2 million in Q2 2023[64] - Truckload services revenue, before fuel surcharges, decreased 15.0% to $208.8 million for the six months ended June 30, 2024, compared to $245.4 million for the same period in 2023[68] - Logistics and brokerage services revenue decreased by 13.3% to $53.7 million in Q2 2024 from $61.9 million in Q2 2023, attributed to lower average rates charged to customers[75] - For the first six months of 2024, logistics and brokerage services revenue decreased by 13.6% to $112.4 million compared to $130.1 million in the same period of 2023[77] Operating Expenses - Salaries, wages, and benefits increased from 37.1% of revenues in Q2 2023 to 38.6% in Q2 2024[65] - Rent and purchased transportation increased from 21.7% of revenues in Q2 2023 to 26.7% in Q2 2024, attributed to a rise in third-party carrier miles[66] - Depreciation as a percentage of revenues rose from 12.8% in Q2 2023 to 17.3% in Q2 2024 due to increased costs for replacement equipment[66] - The truckload services division operating ratio increased from 92.7% in Q2 2023 to 103.7% in Q2 2024, indicating a rise in operating expenses relative to revenues[67] - The operating ratio for the logistics and brokerage services division increased from 91.8% in Q2 2023 to 93.9% in Q2 2024, indicating higher operating expenses relative to revenues[76] Financial Position - The combined net loss for all divisions in Q2 2024 was approximately $2.9 million, resulting in a diluted loss per share of $(0.13), compared to net income of $9.3 million and earnings per share of $0.42 in Q2 2023[80] - The company generated $28.3 million in cash from operating activities during the first six months of 2024, while investing activities used $16.1 million and financing activities used $40.8 million[82] - Trade accounts receivable increased from $80.6 million at December 31, 2023, to $92.3 million at June 30, 2024, due to increased revenues[85] - Long-term debt increased from $261.7 million at December 31, 2023, to $266.0 million at June 30, 2024, primarily due to financing additional revenue equipment[87] - The recorded value of marketable equity securities decreased to $42.0 million at June 30, 2024, from $43.2 million at December 31, 2023[90] Capital Expenditures - The company plans to purchase approximately 430 trucks and 1,000 trailers in 2024, with expected net capital expenditures of approximately $66.5 million[83] Market Risks - A 10% increase in the average annual price per gallon of diesel fuel would increase annual fuel expenses by $8.2 million, highlighting the company's exposure to commodity price risk[92] Operational Metrics - Total miles traveled decreased by 9.3% from 50.5 million in Q2 2023 to 45.8 million in Q2 2024, driven by a 4.0% reduction in the average number of trucks operated[64] - The average number of trucks operated decreased by 5.9% in the first half of 2024 compared to the first half of 2023[68] - Non-operating income increased from 0.7% of revenues in the first half of 2023 to 1.8% in the first half of 2024, driven by an increase in the market value of marketable equity securities[70] - Interest expense increased from 1.4% of revenues in Q2 2023 to 2.9% in Q2 2024, attributed to higher equipment note debt and borrowing rates[67]

Financial Performance - Consolidated net loss for Q2 2024 was $2.9 million, compared to a net income of $9.3 million in Q2 2023, resulting in a diluted loss per share of $0.13[2] - Total revenues decreased by 11.8% year-over-year to $182.9 million in Q2 2024, down from $207.4 million in Q2 2023[9] - Operating loss for the quarter was $0.7 million, with an operating ratio of 100.4%[9] - Logistics operations revenue was $53.7 million in Q2 2024, down from $61.9 million in Q2 2023[13] Cash and Liquidity - As of June 30, 2024, the company had $173.9 million in cash and available liquidity, and stockholders' equity of $306.7 million[3] - Operating cash flow generated in the first half of 2024 was $28.4 million[3] - Cash and cash equivalents decreased to $71,984,000 from $100,614,000, a decline of about 28.5%[14] Debt and Liabilities - Outstanding debt increased by $4.3 million to $266.0 million as of June 30, 2024[3] - Total liabilities decreased to $426,853,000 from $446,241,000, reflecting a reduction of approximately 4.3%[14] - Long-term debt increased to $211,140,000 from $204,064,000, an increase of approximately 3.3%[14] Assets and Equity - Total assets decreased to $733,527,000 from $760,457,000, a decline of approximately 3.1%[14] - Current liabilities reduced to $111,713,000 from $137,096,000, a decrease of about 18.5%[14] - Trade accounts receivable increased to $92,324,000 from $80,604,000, an increase of approximately 14.5%[14] - Retained earnings decreased to $279,275,000 from $281,904,000, a decline of about 0.9%[14] - Additional paid-in capital increased to $41,171,000 from $40,825,000, reflecting a growth of approximately 0.8%[14] - Total stockholders' equity decreased to $306,674,000 from $314,216,000, a decline of about 2.4%[14] - Marketable equity securities decreased to $42,005,000 from $43,203,000, a decline of about 2.8%[14] Operational Metrics - Average company-driver trucks decreased to 1,920 in Q2 2024 from 2,061 in Q2 2023[13] - Total miles driven in Q2 2024 were 45,829 thousand, down from 50,526 thousand in Q2 2023[13] - The company continues to focus on cost and efficiency measures to mitigate unfavorable market conditions and aims for a mid-80's operating ratio in the long term[3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition Report Pursuant to the Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __________to__________ P.A.M. TRANSPORTATION SERVICES, INC. (Exact name of registrant as specified in its charter) Delaware 0-1507 71-0633135 (Stat ...

Financial Performance - Total revenues for the first quarter of 2024 were $182.6 million, a decrease of 17.6% compared to $221.7 million in the first quarter of 2023[16] - The company reported a net income of $0.3 million, or diluted earnings per share of $0.01, down from a net income of $5.2 million and diluted earnings per share of $0.23 in the same quarter last year[6][16] - Operating loss for the quarter was $0.7 million, with an operating ratio of 100.4%[1][16] - Total operating expenses for the quarter were $183.3 million, compared to $213.2 million in the first quarter of 2023[19] Cash Flow and Assets - Operating cash flow generated during the first quarter was $9.6 million[12] - As of March 31, 2024, the company had total current assets of $245.1 million and total assets of $749.7 million[9][17] - Outstanding debt increased to $271.6 million, representing a $9.9 million increase from December 31, 2023[17] Operational Metrics - Average revenue per truck per workday decreased to $729, down from $802 in the previous year[14] - The empty miles factor was reported at 8.60%, a slight improvement from 8.96% in the previous year[14] Market Conditions - The truckload market remains challenging, with shippers leveraging an overcapacity market to achieve rates at or below cost[11]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________to________ P.A.M. TRANSPORTATION SERVICES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...