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 FOURTH QUARTER
                        AND YEAR ENDED DECEMBER 31, 2001

Tontitown, AR, February  8, 2002   P.A.M. Transportation Services, Inc. (NASDAQ:
PTSI) today reported net income of $10,071,155 or diluted and basic earnings per
share  of  $1.18  for  the  year  ended  December  31, 2001 versus net income of
$8,657,759  or  diluted and basic earnings per share of $1.02 for the year ended
December 31, 2000.  Revenues were $225,793,731 in 2001 compared to 2000 revenues
of  $205,245,035.

The Company reported fourth quarter 2001 net income of $2,545,533 or diluted and
basic  earnings  per share of $.30 compared to fourth quarter 2000 net income of
$2,366,049  or  diluted  and basic earnings per share of $.28.  Revenues for the
fourth  quarter  of  2001  were  $56,263,734 compared to $50,963,517 in the same
quarter  of  2000.

Operating income of $21,268,980 for the year ended December 31, 2001 reflected a
9.6%  increase  over prior year operating income of $19,399,804.  Fourth quarter
2001  operating  income  was  $5,293,123  compared  to $5,085,439 for the fourth
quarter of 2000.  The Company's operating ratios for the twelve and three months
ended  December  31, 2001, were 90.6% and 90.6%, respectively, compared to 90.5%
and  90.0%  for  the  comparable  periods  in  2000.

Robert  W.  Weaver, President of the Company, commented, "We are very pleased to
report  record results for our year ended December 31, 2001- a year in which the
industry  and the Company endured numerous challenges.  While many companies saw
revenue  and earnings decline, we finished with a 10% increase in revenues and a
15%  increase  in  earnings per share for the year ended December 31, 2001.  For
the  quarter  ended  December 31, 2001 revenues increased 10.4% and earnings per
share  increased  from $.28 to $.30.  Fourth quarter earnings were impacted by a
one  time  write-down in equipment values of $523,000, or the equivalent of $.04
per  share.  This  write-down was primarily related to equipment acquired in the
acquisition  of  Decker  Transport,  Inc.  that did not have guaranteed residual
values."

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.