Company: PAMT
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007273
Chunk: 26

Company: PAMT CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1
Chunk 26
---
 discusses this exposure and our risk management strategies and related controls with management and the internal and external auditors. When covered during an audit committee meeting, the chair of the audit committee reports on its discussion to the full board.
    
   We have experienced, and will continue to experience, cyber incidents in the normal course of our business. While our approach to cybersecurity risk management is intended to mitigate the threat of a cyber attack or other data compromising incident, it may not be successful in preventing all attacks which could have a significant adverse impact to our business and reputation. See “Risk Factors” above for additional information on risks related our business, including from risks related to cyber-attacks, compromised information security, and technology disruptions and failures. As of the date of this report, we are not aware of any risks from cybersecurity threats that have materially affected or are reasonably likely to materially affect us, including our business strategy, results of operations or financial condition.

      -
     17 -

Item 2. Properties.

Our executive offices and primary terminal facilities, which we own, are located in Tontitown, Arkansas. These facilities are located on approximately 57.82 acres and consist of 110,147 square feet of office space and maintenance and storage facilities.

Our subsidiaries lease facilities in Fort Wayne and Indianapolis, Indiana; Romulus, Michigan; Saddle Brook, New Jersey; Charlotte, North Carolina; and Monterrey, Mexico. Our terminal facilities in North Little Rock, Arkansas; North Jackson, Ohio; Willard, Ohio; Bloomsburg, Pennsylvania; Bolingbrook, Illinois; El Paso, Irving and Laredo, Texas; and Nuevo Laredo, Mexico are owned. The leased facilities are leased primarily on contractual terms typically ranging from one to five years and have provisions for early cancellation if we so choose. As of December 31, 2024, the following table provides a summary of the ownership and types of activities conducted at each location:

      Location 
      Own/ Lease 
      Dispatch Office 
      Maintenance Facility 
      Safety Training 

      Tontitown, Arkansas 
      Own 
      Yes 
      Yes 
      Yes 

      Bloomsburg, Pennsylvania 
      Own 
      Yes 
      Yes 
      Yes 

      Bolingbrook, Illinois 
      Own 
      Yes 
      No 
      No 

      North Little Rock, Arkansas 
      Own 
      Yes 
      Yes 
      Yes 

      Indianapolis, Indiana 
      Lease 
      No 
      Yes 
      No 

      Rom