<SEC-DOCUMENT>0000798287-01-500008.txt : 20011029
<SEC-HEADER>0000798287-01-500008.hdr.sgml : 20011029
ACCESSION NUMBER:		0000798287-01-500008
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20011017
ITEM INFORMATION:		Financial statements and exhibits
ITEM INFORMATION:		
FILED AS OF DATE:		20011023

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PAM TRANSPORTATION SERVICES INC
		CENTRAL INDEX KEY:			0000798287
		STANDARD INDUSTRIAL CLASSIFICATION:	TRUCKING (NO LOCAL) [4213]
		IRS NUMBER:				710633135
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15057
		FILM NUMBER:		1764099

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 188
		CITY:			TONTITOWN
		STATE:			AR
		ZIP:			72770
		BUSINESS PHONE:		5013619111

	MAIL ADDRESS:	
		STREET 1:		P O BOX 188
		CITY:			TONTITOWN
		STATE:			AR
		ZIP:			72770
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>doc1.txt
<DESCRIPTION>3RD QTR 2001 EARNINGS RELEASE
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15 (d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported) October 17, 2001
                                                        ----------------

                     P.A.M. TRANSPORTATION SERVICES, INC.
            ------------------------------------------------------
            (Exact name of registrant as specified in its charter)


          Delaware                      0-15057                 71-0633135
----------------------------         -------------         -------------------
(State or other jurisdiction          (Commission            (I.R.S. Employer
 of incorporation)                    File Number)          Identification no.)


                  Highway 412 West, Tontitown, Arkansas 72770
                -------------------------------------------------
               (Address of principal executive offices) (Zip Code)

        Registrants telephone number, including area code (501) 361-9111
                                                          --------------


                                       N/A
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)



<PAGE>


Item  9.  Regulation FD Disclosure.
-------------------------------------------------------------------------------
On October 17, 2001, P.A.M. Transportation Services, Inc. issued the following
press release attached hereto as Exhibit 99.


Item  7.  Financial Statements and Exhibits.
-------------------------------------------------------------------------------

         (a)   Financial Statements:  None
         (b)   Pro Forma Financial Statements:  None
         (c)   Exhibits. The following exhibits are furnished with this Report:

               99.1 Press Release of the Registrant (October 17, 2001)

<PAGE>

                                   SIGNATURES


Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
Registrant has duly caused this Current report on Form 8-K to  be  signed on its
behalf by the undersigned hereunto duly authorized.


                                          P.A.M. TRANSPORTATION  SERVICES,  INC.



Dated: October 23, 2001                    By: /s/ Robert  W.  Weaver
                                           -------------------------------------
                                           Robert W. Weaver
                                           President and Chief Executive Officer


<PAGE>


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>doc2.txt
<TEXT>

Exhibit 99.1

FROM:  P.A.M. TRANSPORTATION SERVICES, INC.
P.O. Box 188
Tontitown, AR  72770
Robert W. Weaver
(501) 361-9111

                      P.A.M. TRANSPORTATION SERVICES, INC.
                    ANNOUNCES RESULTS FOR THE THIRD QUARTER
                            ENDED SEPTEMBER 30, 2001

Tontitown, Arkansas, October  17, 2001    P.A.M.  Transportation  Services, Inc.
(NASDAQ:  PTSI)  today  reported  net  income of $2,001,586 or diluted and basic
earnings  per  share  of  $.23  for  the  quarter  ended September 30, 2001, and
$7,525,621  or  diluted  and basic earnings per share of $.88 for the nine month
period  then ended. These results compare to net income of $1,343,638 or diluted
and  basic  earnings  per  share  of  $.16,  and $6,291,710 or diluted and basic
earnings  per  share  of  $.74,  respectively, for the three and the nine months
ended  September  30,  2000.

Operating revenues of $53,662,065 were reported for the third quarter of 2001, a
13.9%  increase compared to $47,100,319 for the third quarter of 2000. Operating
revenues for the nine months ended September 30, 2001, were $169,529,997, a 9.9%
increase  compared to $154,281,518 for the nine months ended September 30, 2000.

Operating  income  for  the  quarter  ended  September  30,  2001 was $4,469,914
compared  to  operating  income of $3,351,214 for the prior years third quarter.
For  the  nine months ended September 30, 2001, operating income of $15,975,856,
compared  to  operating  income  of  $14,314,365  for  the  same period in 2000.

The  Company's  operating  ratios  for  the  three  and nine month periods ended
September  30, 2001 were 91.7% and 90.6%, respectively, as compared to 92.9% and
90.7%  for  the  three  and  nine  month  periods  ended  September  30,  2000.

Robert  W.  Weaver, President of the Company, commented, "I am extremely pleased
with our quarterly report. An increase of 43.8% in our earnings per share from a
13.9%  increase  in  revenue  for  the third quarter of 2001, as compared to the
third  quarter of 2000, is a tribute to the abilities and dedication of our hard
working  employees  in  this  time  of  adversity."

P.A.M. Transportation Services, Inc., is an irregular route, common and contract
motor  carrier  authorized  to  transport  general  commodities  throughout  the
continental  United  States  and  the  Canadian provinces of Ontario and Quebec,
pursuant  to  operating  authorities  granted  by the former Interstate Commerce
Commission,  various  state  and  regulatory  agencies  and  Canadian regulatory
agencies.

Certain  information  included  in  this  document  contains  "forward-looking
Statements"  within  the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relate to expected future financial and
operating results, and are thus prospective. Such forward-looking statements are
subject  to  risks,  uncertainties  and  other  factors which could cause actual
results  to  differ  materially from future results expressed or implied by such
forward-looking  statements.  Potential risks and uncertainties include, but are
not limited to, general economic conditions, competition and other uncertainties
detailed  in  this report and detailed from time to time in other filings by the
Company  with  the  Securities  and  Exchange  Commission.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
