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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported) November 19, 1996
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P.A.M. TRANSPORTATION SERVICES, INC.
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(Exact name of registrant as specified in its charter)
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Delaware 0-15057 71-0633135
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
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Highway 412 West, P.O. Box 188, Tontitown, Arkansas 72770
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (501) 361-9111
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Not applicable
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(Former name or former address, if changed since last report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On November 19, 1996, P.A.M. Transportation Services, Inc. (the
"Company") dismissed its independent auditors, Ernst & Young LLP, and on the
same date engaged the firm of Arthur Andersen LLP as its independent auditors
for the fiscal year ending December 31, 1996. Each of these actions was approved
by the Board of Directors of the Company.
The reports of Ernst & Young LLP on the financial statements of the
Company for the past two fiscal years did not contain an adverse opinion or a
disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope, or accounting principles.
In connection with the audits of the Company's financial statements
for each of the two fiscal years ended December 31, 1995 and 1994, and in the
subsequent interim period prior to the dismissal of Ernst & Young LLP, there
were no disagreements with Ernst & Young LLP on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreement, if not resolved to the satisfaction of Ernst &
Young LLP, would have caused it to make reference to the subject matter of the
disagreement in its report.
Ernst & Young LLP has furnished the Company with a letter addressed
to the Securities and Exchange Commission stating that it agrees with the above
statements, a copy of which is filed as an exhibit to this report.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
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(c) Exhibits
Exhibit No. Description
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16 Letter to Securities and Exchange Commission
from Ernst & Young LLP dated November 22, 1996
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
P.A.M. TRANSPORTATION SERVICES, INC.
By: /s/ Robert W. Weaver
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Robert W. Weaver
President and Chief Executive Officer
Dated: November 25, 1996
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EXHIBIT INDEX
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Sequential
Exhibit No. Description Page No.
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16 Letter to Securities and Exchange Commission from
Ernst & Young LLP dated November 22, 1996
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EXHIBIT 16
[LOGO]
November 22, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read Item 4 of Form 8-K dated November 19, 1996 of P.A.M. Transportation
Services, Inc. and are in agreement with the statements contained in the second
and third paragraphs on page 2 therein. We have no basis to agree or disagree
with other statements of the registrant contained therein.
/s/ Ernst & Young LLP
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Ernst & Young LLP
