PAM Transportation Services completed the acquisition of Metropolitan Trucking for $77m.

PAM Transportation Services, a trucking company, completed the acquisition of Metropolitan Trucking, a transportation services provider, for $77m. "We are proud at PAM to announce this acquisition, our first in nearly 20 years. We are excited to add the Metro drivers, talented office and shop team, customers and brand to the PAM family. Metropolitan has been operating for almost 90 years as a successful family run business. They have a very experienced group of drivers, long standing customer relationships and a culture that is very complimentary to our existing businesses. As we looked to do our first acquisition in quite some time, Metropolitan checked all the boxes on what we were looking for in a company," Joe Vitiritto, PAM Transportation Services President.