---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-004431"
form_type: "8-K"
ticker: "PAMT"
cik: "0000798287"
company_name: "PAMT CORP"
filed_at: "2022-06-17T23:59:59+00:00"
generated_at: "2026-06-25T01:03:01.811237+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PAM Transportation acquires Metropolitan Trucking for ~$79.8M; expects immediate EPS accretion

## Summary
- Total purchase price $79.8M: $64.3M cash + $15.5M assumed debt; enterprise value $77.4M on cash-free, debt-free basis.
- Acquired business: 320-truck dry van carrier; LTM revenue $83.3M ($75.4M ex fuel), EBITDA $22.1M, operating income $13.5M.
- Funded from available cash; expected to be immediately accretive to EPS (ex transaction costs).
- Estimated tax savings ~$14.4M in current year from step-up in tax basis of physical assets.
- Current management to remain (CEO retiring); first PAM acquisition in ~20 years.

## SEC filing metadata
- accession: 0001683168-22-004431
- form_type: 8-K
- ticker: PAMT
- cik: 0000798287
- company_name: PAMT CORP
- filed_at: 2022-06-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798287/000168316822004431/0001683168-22-004431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798287/000168316822004431/pam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-004431
- JSON: https://secwatch.observer/filing/0001683168-22-004431.json
- Plain text: https://secwatch.observer/filing/0001683168-22-004431.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.