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PTA Holdings Inc. states its trucking operations 3rd quarter
According to Tim Norton, VP and Director, “Our 3rd quarter revenues and profits have increased to a point where we are comfortable that revenues will increase over 20 % from that of the 2nd quarter.” He further stated “As announced earlier, we have added additional tractors and trailers during the quarter that will enhance the expansion of and profitability of our Iowa and Midwest business base. Based upon the 2nd quarter of 2012, the company will see an increase of revenues of over 1000%.” According to American Trucking Association (ATA) statistics, motor carriers collected $603.9 billion, or 80.9% of total revenue earned by all transport modes and as the economy continues to improve the trend is expected to continue.
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