TL carrier Pamt posts Q4 loss

Truckload carrier Pamt Corp. reported a net loss for the fourth quarter before the market closed on Friday. It was the Arkansas-based carrier’s fifth consecutive quarterly loss. The headline loss was $29.3 million, or $1.40 per share. The result included a $26.5 million adjustment to its auto liability reserve “associated with a specific claim expected to settle in excess of insurance policy limits,” according to a news release. Excluding the charge, the carrier lost $9.4 million, or 45 cents per share. T ...