PAMT Corp. reported total revenues of $150.3 million for the third quarter ended September 30, 2025, a decrease of 17.7% compared to $182.6 million in the same period of 2024. The company posted an operating loss of $5.7 million and an operating ratio of 103.8% for the quarter. A net loss of $5.6 million was recorded, compared to net income of $2.4 million in the third quarter of 2024. As of September 30, 2025, PAMT Corp. reported $175.4 million in cash, marketable equity securities, and available liquidity under its line of credit, with stockholders' equity totaling $239.5 million. Outstanding debt was $342.4 million, an increase of $16.9 million from December 31, 2024. Operating cash flow for the first three quarters of 2025 was $23.1 million.