Pamt (PAMT) 10-Q31 Oct 232023 Q3 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Sep. 30, 2023	Oct. 17, 2023
Document Information [Line Items]
Entity Central Index Key	0000798287
Entity Registrant Name	PAM TRANSPORTATION SERVICES INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity Incorporation, State or Country Code	DE
Entity File Number	0-1507
Entity Tax Identification Number	71-0633135
Entity Address, Address Line One	297 West Henri De Tonti
Entity Address, City or Town	Tontitown
Entity Address, State or Province	AR
Entity Address, Postal Zip Code	72770
City Area Code	479
Local Phone Number	361-9111
Title of 12(b) Security	Common Stock, $.01 par value
Trading Symbol	PTSI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		22,021,341

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 102,299	$ 74,087
Accounts receivable-net:
Trade, less current estimated credit loss of $7,411 and $5,381, respectively	96,456	134,739
Other	7,639	6,263
Inventories	2,600	2,570
Prepaid expenses and deposits	10,932	15,729
Marketable equity securities	41,250	41,728
Income taxes refundable	8,423	5,650
Total current assets	269,599	280,766
Property and equipment:
Land	23,078	19,718
Structures and improvements	42,318	35,534
Revenue equipment	634,200	637,510
Office furniture and equipment	15,077	13,157
Total property and equipment	714,673	705,919
Accumulated depreciation	(257,753)	(242,324)
Net property and equipment	456,920	463,595
Other assets	5,202	4,801
TOTAL ASSETS	731,721	749,162
Current liabilities:
Accounts payable	57,653	48,917
Accrued expenses and other liabilities	22,054	34,233
Current maturities of long-term debt	56,149	58,815
Total current liabilities	135,856	141,965
Long-term debt - less current portion	171,418	205,466
Deferred income taxes	107,415	101,445
Other long-term liabilities	750	103
Total liabilities	415,439	448,979
COMMITMENTS AND CONTINGENCIES (Note L)
STOCKHOLDERS' EQUITY
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued	0	0
Common stock, $.01 par value, 50,000,000 shares authorized; 22,317,671 and 22,293,687 shares issued; 22,021,341 and 22,166,450 shares outstanding at September 30, 2023 and December 31, 2022, respectively	223	223
Additional paid-in capital	40,660	40,472
Treasury stock, at cost; 296,330 and 127,237 shares at September 30, 2023 and December 31, 2022, respectively	(8,736)	(4,000)
Retained earnings	284,135	263,488
Total stockholders’ equity	316,282	300,183
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 731,721	$ 749,162

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Trade, allowance	$ 7,411	$ 5,381
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	50,000,000	50,000,000
Common stock, issued (in shares)	22,317,671	22,293,687
Common stock, outstanding (in shares)	22,021,341	22,166,450
Treasury shares (in shares)	296,330	127,237

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
OPERATING REVENUES:
Operating revenues	$ 201,502	$ 252,630	$ 630,639	$ 709,246
OPERATING EXPENSES AND COSTS:
Salaries, wages and benefits	46,032	50,847	142,138	133,069
Operating supplies and expenses	42,378	48,071	123,589	123,156
Rent and purchased transportation	78,595	93,501	244,020	273,521
Depreciation	15,552	16,289	47,805	46,647
Insurance and claims	5,146	5,149	25,205	19,281
Other	5,305	4,579	17,936	12,712
Gain on disposition of equipment	(339)	(1,301)	(1,175)	(2,662)
Total operating expenses and costs	192,669	217,135	599,518	605,724
OPERATING INCOME	8,833	35,495	31,121	103,522
NON-OPERATING INCOME/(EXPENSE)	1,638	(1,886)	3,729	(2,829)
INTEREST EXPENSE	(2,046)	(1,922)	(6,565)	(5,587)
INCOME BEFORE INCOME TAXES	8,425	31,687	28,285	95,106
FEDERAL AND STATE INCOME TAX EXPENSE:
Current	(2,313)	4,462	1,667	10,193
Deferred	4,641	2,659	5,970	12,223
Total federal and state income tax expense	2,328	7,121	7,637	22,416
Net income	$ 6,097	$ 24,566	$ 20,648	$ 72,690
INCOME PER COMMON SHARE:
Basic (in dollars per share)	$ 0.28	$ 1.10	$ 0.94	$ 3.26
Diluted (in dollars per share)	$ 0.28	$ 1.09	$ 0.93	$ 3.24
AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	22,021	22,263	22,068	22,276
Diluted (in shares)	22,139	22,440	22,219	22,468
Freight Transportation Service [Member]
OPERATING REVENUES:
Operating revenues	$ 174,348	$ 216,475	$ 549,885	$ 615,303
Fuel Surcharge [Member]
OPERATING REVENUES:
Operating revenues	$ 27,154	$ 36,155	$ 80,754	$ 93,943

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
OPERATING ACTIVITIES:
Net income	$ 20,648	$ 72,690
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	47,805	46,647
Bad debt expense	2,081	732
Stock compensation-net of excess tax benefits	387	528
Provision for deferred income taxes	5,970	12,223
Loss on marketable equity securities	422	4,340
Gain on disposition of equipment	(1,175)	(2,662)
Gain on sale of marketable equity securities	(88)	0
Changes in operating assets and liabilities:
Accounts receivable	34,827	(22,727)
Prepaid expenses, deposits, inventories, and other assets	4,119	(2,983)
Income taxes payable	(2,772)	(4,346)
Trade accounts payable	(7,849)	4,917
Accrued expenses and other liabilities	(10,571)	10,714
Net cash provided by operating activities	93,804	120,073
INVESTING ACTIVITIES:
Purchases of property and equipment	(26,784)	(42,953)
Acquisition of business, net of cash acquired	0	(64,317)
Proceeds from disposition of equipment	15,727	12,568
Sales of marketable equity securities	143	0
Purchases of marketable equity securities, net of return of capital	0	(918)
Net cash used in investing activities	(10,914)	(95,620)
FINANCING ACTIVITIES:
Borrowings under line of credit	692,253	720,879
Repayments under line of credit	(692,253)	(720,879)
Borrowings of long-term debt	0	59,849
Repayments of long-term debt	(49,029)	(53,948)
Borrowings under margin account	38	948
Repayments under margin account	(951)	(1,127)
Repurchases of common stock	(4,736)	(5,877)
Net cash used in financing activities	(54,678)	(155)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	28,212	24,298
CASH, CASH EQUIVALENTS AND RESTRICTED CASH -Beginning of period	74,087	18,509
CASH, CASH EQUIVALENTS AND RESTRICTED CASH -End of period	102,299	42,807
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	7,111	5,406
Income taxes	4,768	14,540
NONCASH INVESTING AND FINANCING ACTIVITIES:
Purchases of property and equipment included in accounts payable	$ 17,017	$ 0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Common Stock Outstanding [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2021	22,348
Balance at Dec. 31, 2021		$ 234	$ 84,472	$ (169,946)	$ 301,350	$ 216,110
Net Income		0	0	0	23,942	23,942
Treasury stock repurchases (in shares)	(83)
Treasury stock repurchases		0	0	(3,000)	0	(3,000)
Stock based compensation		0	137	0	0	137
Net Income		0	0	0	23,942	23,942
Stock split		111	(111)	0	0	0
Retirement of treasury shares		(122)	(44,289)	172,946	(128,535)	0
Treasury stock repurchases		0	0	3,000	0	3,000
Balance (in shares) at Mar. 31, 2022	22,265
Balance at Mar. 31, 2022		223	40,209	0	196,757	237,189
Balance (in shares) at Dec. 31, 2021	22,348
Balance at Dec. 31, 2021		234	84,472	(169,946)	301,350	216,110
Net Income						72,690
Net Income						72,690
Balance (in shares) at Sep. 30, 2022	22,187
Balance at Sep. 30, 2022		223	40,285	(2,877)	245,505	283,136
Balance (in shares) at Mar. 31, 2022	22,265
Balance at Mar. 31, 2022		223	40,209	0	196,757	237,189
Net Income		0	0	0	24,182	24,182
Stock based compensation		0	216	0	0	216
Net Income		0	0	0	24,182	24,182
Exercise of stock awards-shares issued including tax benefits (in shares)	4
Balance (in shares) at Jun. 30, 2022	22,269
Balance at Jun. 30, 2022		223	40,425	0	220,939	261,587
Net Income		0	0	0	24,566	24,566
Treasury stock repurchases (in shares)	(93)
Treasury stock repurchases		0	0	(2,877)		(2,877)
Restricted stock issued (in shares)	11
Stock based compensation		0	175	0	0	175
Net Income		0	0	0	24,566	24,566
Restricted stock net settlement		0	315	0	0	315
Restricted stock issued		0	0	0	0	0
Restricted stock net settlement		0	(315)	0	0	(315)
Treasury stock repurchases		0	0	2,877		2,877
Balance (in shares) at Sep. 30, 2022	22,187
Balance at Sep. 30, 2022		223	40,285	(2,877)	245,505	283,136
Balance (in shares) at Dec. 31, 2022	22,166
Balance at Dec. 31, 2022		223	40,472	(4,000)	263,488	300,183
Net Income		0	0	0	5,231	5,231
Treasury stock repurchases (in shares)	(123)
Treasury stock repurchases		0	0	(3,516)	0	(3,516)
Restricted stock issued (in shares)	7
Stock based compensation		0	208	0	0	208
Net Income		0	0	0	5,231	5,231
Treasury stock repurchases		0	0	3,516	0	3,516
Balance (in shares) at Mar. 31, 2023	22,050
Balance at Mar. 31, 2023		223	40,680	(7,516)	268,719	302,106
Balance (in shares) at Dec. 31, 2022	22,166
Balance at Dec. 31, 2022		223	40,472	(4,000)	263,488	300,183
Net Income						20,648
Net Income						20,648
Balance (in shares) at Sep. 30, 2023	22,021
Balance at Sep. 30, 2023		223	40,660	(8,736)	284,135	316,282
Balance (in shares) at Mar. 31, 2023	22,050
Balance at Mar. 31, 2023		223	40,680	(7,516)	268,719	302,106
Net Income		0	0	0	9,319	9,319
Treasury stock repurchases (in shares)	(21)
Treasury stock repurchases		0	0	(579)	0	(579)
Restricted stock issued (in shares)	6
Stock based compensation		0	34	0	0	34
Net Income		0	0	0	9,319	9,319
Treasury stock repurchases		0	0	579	0	579
Balance (in shares) at Jun. 30, 2023	22,035
Balance at Jun. 30, 2023		223	40,714	(8,095)	278,038	310,880
Net Income		0	0	0	6,097	6,097
Treasury stock repurchases (in shares)	(25)
Treasury stock repurchases		0	0	(641)	0	(641)
Restricted stock issued (in shares)	11
Stock based compensation		0	145	0	0	145
Net Income		0	0	0	6,097	6,097
Restricted stock net settlement		0	(199)	0	0	(199)
Restricted stock net settlement		0	199	0	0	199
Treasury stock repurchases		0	0	641	0	641
Balance (in shares) at Sep. 30, 2023	22,021
Balance at Sep. 30, 2023		$ 223	$ 40,660	$ (8,736)	$ 284,135	$ 316,282

Note A - Basis of Presentation

Note A - Basis of Presentation	9 Months Ended
Note A - Basis of Presentation	Sep. 30, 2023
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE A: BASIS OF PRESENTATION In accordance with generally accepted accounting principles (“GAAP”) and applicable rules of the Securities and Exchange Commission, the information reported in this Quarterly Report on Form 10 10 The consolidated financial results for the three nine September 30, 2023, June 14, 2022, September 30, 2023. 10 10 X. not December 31, 2022 not nine September 30, 2023 not may December 31, 2023. 10 December 31, 2022. On March 8, 2022, 1 100% March 18, 2022, one March 29, 2022. March 2022 10

Note B - Recent Accounting Pron

Note B - Recent Accounting Pronouncements	9 Months Ended
Note B - Recent Accounting Pronouncements	Sep. 30, 2023
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE B: RECENT ACCOUNTING PRONOUNCEMENTS The Company considered the applicability and impact of all accounting standard updates ("ASU") issued by the Financial Accounting Standards Board ("FASB") to the Accounting Standards Codification ("ASC") and has determined there are no not September 30, 2023. not September 30, 2023.

Note C - Revenue Recognition

Note C - Revenue Recognition	9 Months Ended
Note C - Revenue Recognition	Sep. 30, 2023
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE C: REVENUE RECOGNITION The Company has a single performance obligation, which is to transport our customer’s freight from a specified origin to a specified destination. The Company has the discretion to choose to self-transport or to arrange for alternate transportation to fulfill the performance obligation. Where the Company decides to self-transport the freight, the Company classifies the service as truckload services, and where the Company arranges for alternate transportation of the freight, the Company classifies the service as brokerage and logistics services. In either case, the Company is paid a rate to transport freight from its origin location to a specified destination. Because the primary factors influencing revenue recognition, including performance obligation, customer base, and timing of revenue recognition, are the same for both of its service categories, the Company utilizes the same revenue recognition method throughout its operations. Company revenue is generated from freight transportation services performed utilizing heavy truck trailer combinations. While various ownership arrangements may third not In fulfilling the Company’s obligation to transport freight from a specified origin to a specified destination, control of freight is transferred to us at the point it has been loaded into the driver’s trailer, the doors are sealed and the driver has signed a bill of lading, which is the basic transportation agreement that establishes the nature, quantity and condition of the freight loaded, the responsibility for invoice payment and the pickup and delivery locations. Our revenue is generated, and our customers receive benefit, as the freight progresses towards delivery locations. In the event our customer cancels the shipment at some point prior to the final delivery location and re-consigns the shipment to an alternate delivery location, we are entitled to receive payment for services performed for the partial shipment. Shipments are generally conducted over a relatively short time span, generally one three one Freight Revenue – revenue generated by the performance of the freight transportation service, including any accessorial service, provided to customers. Fuel Surcharge Revenue – revenue designed to adjust freight revenue rates to an agreed-upon base cost for diesel fuel. Diesel fuel prices can fluctuate widely during the term of a contract with a customer. At the point that freight revenue rates are negotiated with customers, a sliding scale is agreed upon that approximately adjusts diesel fuel costs to an agreed-upon base amount. In general, as fuel prices increase, revenue from fuel surcharge increases, so that diesel fuel cost is adjusted to the approximate base amount agreed upon. Revenue is recognized over time as the freight progresses towards its destination and the transportation service obligation is fulfilled. For loads picked up during the reporting period but delivered in a subsequent reporting period, revenue is allocated to each period based on the transit time in each period as a percentage of total transit time. There are no

Note D - Marketable Equity Secu

Note D - Marketable Equity Securities	9 Months Ended
Note D - Marketable Equity Securities	Sep. 30, 2023
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE D: MARKETABLE EQUITY SECURITIES The Company’s investments in marketable securities consist of equity securities with readily determinable fair values. The cost of securities sold is based on the specific identification method, and interest and dividends on securities are included in non-operating income. Marketable equity securities are carried at fair value, with gains and losses in fair market value included in the determination of net income. The fair value of marketable equity securities is determined based on quoted market prices in active markets, as described in Note J. The following table sets forth market value, cost, and unrealized gains on equity securities as of September 30, 2023 December 31, 2022. September 30, 2023 December 31, 2022 (in thousands) Fair market value $ 41,250 $ 41,728 Cost 30,294 30,350 Unrealized gain $ 10,956 $ 11,378 The following table sets forth the gross unrealized gains and losses on the Company’s marketable securities as of September 30, 2023 December 31, 2022. September 30, 2023 December 31, 2022 (in thousands) Gross unrealized gains $ 13,803 $ 13,478 Gross unrealized losses 2,847 2,100 Net unrealized gain $ 10,956 $ 11,378 The following table shows the Company’s net realized gains during the three nine September 30, 2023 2022, Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Sales proceeds $ 343 $ - $ 343 $ - Cost of securities sold 255 - 255 - Realized gain $ 88 $ - $ 88 $ - For the quarter ended September 30, 2023, nine September 30, 2023, The Company’s equity securities are periodically used as collateral against any outstanding margin account borrowings. As of September 30, 2023, December 31, 2022, Our marketable equity securities portfolio had a net unrealized pre-tax gain in market value of approximately $119,000 during the third 2023, third 2022,

Note E - Stock-based Compensati

Note E - Stock-based Compensation	9 Months Ended
Note E - Stock-based Compensation	Sep. 30, 2023
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE E: STOCK-BASED COMPENSATION The Company maintains a stock incentive plan (the “Plan”) under which incentive and nonqualified stock options and other stock awards may not During May 2023, The total grant date fair value of stock vested during the first nine 2023 first nine 2023, first nine 2023. September 30, 2023, 2023 2024, 2025, 2026, 2027, The total grant date fair value of stock vested during the first nine 2022 first nine 2022, first nine 2022. September 30, 2022, A summary of the status of the Company’s non-vested restricted stock as of September 30, 2023, nine September 30, 2023, Restricted Stock Number of Shares Weighted- Average Grant Date Fair Value Non-vested at January 1, 2023 235,832 $ 13.15 Granted 30,608 27.97 Canceled/forfeited/expired (34,672 ) 16.85 Vested (32,954 ) 17.49 Non-vested at September 30, 2023 198,860 $ 14.07

Note F - Segment Information

Note F - Segment Information	9 Months Ended
Note F - Segment Information	Sep. 30, 2023
Notes to Financial Statements
Segment Reporting and Concentration Risk Disclosure [Text Block]	NOTE F: SEGMENT INFORMATION The Company follows the guidance provided by ASC Topic 280, egment Reporting, 280, Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Amount % Amount % Amount % Amount % (in thousands) Truckload Services revenue $ 112,257 64.4 $ 144,982 67.0 $ 357,681 65.1 $ 404,658 65.8 Brokerage and Logistics Services revenue 62,091 35.6 71,493 33.0 192,204 34.9 210,645 34.2 Total revenues $ 174,348 100.0 $ 216,475 100.0 $ 549,885 100.0 $ 615,303 100.0

Note G - Treasury Stock

Note G - Treasury Stock	9 Months Ended
Note G - Treasury Stock	Sep. 30, 2023
Notes to Financial Statements
Treasury Stock [Text Block]	NOTE G: TREASURY STOCK The Company’s stock repurchase program has been extended and expanded several times, most recently in July 2023, September 2011 September 30, 2023, The Company accounts for treasury stock using the cost method. As of September 30, 2023,

Note H - Earnings Per Share

Note H - Earnings Per Share	9 Months Ended
Note H - Earnings Per Share	Sep. 30, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE H: EARNINGS PER SHARE Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by adjusting the weighted average number of shares of common stock outstanding by common stock equivalents attributable to dilutive restricted stock. The computation of diluted earnings per share does not Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands, except per share data) Net income $ 6,097 $ 24,566 $ 20,648 $ 72,690 Basic weighted average common shares outstanding 22,021 22,263 22,068 22,276 Dilutive effect of common stock equivalents 118 177 151 192 Diluted weighted average common shares outstanding 22,139 22,440 22,219 22,468 Basic earnings per share $ 0.28 $ 1.10 $ 0.94 $ 3.26 Diluted earnings per share $ 0.28 $ 1.09 $ 0.93 $ 3.24

Note I - Income Taxes

Note I - Income Taxes	9 Months Ended
Note I - Income Taxes	Sep. 30, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE I: INCOME TAXES The Company and its subsidiaries are subject to U.S. and Canadian federal income tax laws as well as the income tax laws of multiple state jurisdictions. The major tax jurisdictions in which the Company operates generally provide for a deficiency assessment statute of limitations period of three 2019 In determining whether a tax asset valuation allowance is necessary, management, in accordance with the provisions of ASC 740 10 30, Accounting for Income Taxes September 30, 2023, not The Company recognizes a tax benefit from an uncertain tax position only if it is more likely than not September 30, 2023, not nine September 30, 2023 2022, not The Company’s effective income tax rates were 27.0% and 23.6% for the nine September 30, 2023 2022, nine September 30, 2023 not

Note J - Fair Value of Financia

Note J - Fair Value of Financial Instruments	9 Months Ended
Note J - Fair Value of Financial Instruments	Sep. 30, 2023
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE J: FAIR VALUE OF FINANCIAL INSTRUMENTS The Company’s financial instruments consist of cash and cash equivalents, marketable equity securities, accounts receivable, trade accounts payable, and borrowings. The Company follows the guidance for financial assets and liabilities measured on a recurring basis. This guidance defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date and also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three may Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Inputs other than Level 1 not not Level 3: Unobservable inputs that are supported by little or no The Company utilizes the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. At September 30, 2023, Total Level 1 Level 2 Level 3 (in thousands) Marketable equity securities $ 41,250 $ 41,250 - - The Company’s investments in marketable securities are recorded at fair value based on quoted market prices. The carrying value of other financial instruments, including cash, accounts receivable, accounts payable, and accrued liabilities approximate fair value due to their short maturities. The carrying amount for the line of credit approximates fair value because the line of credit interest rate is adjusted frequently. For long-term debt other than the lines of credit, the fair values are estimated using discounted cash flow analyses, based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. The carrying value and estimated fair value of this other long-term debt at September 30, 2023 Carrying Value Estimated Fair Value (in thousands) Long-term debt $ 227,567 $ 220,865 The Company has not

Note K - Notes Payable

Note K - Notes Payable	9 Months Ended
Note K - Notes Payable	Sep. 30, 2023
Notes to Financial Statements
Long-Term Debt [Text Block]	NOTE K: NOTES PAYABLE During the first nine 2023,

Note L - Litigation

Note L - Litigation	9 Months Ended
Note L - Litigation	Sep. 30, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE L: LITIGATION We are involved in certain claims and pending litigation arising from the ordinary conduct of business. We also provide accruals for claims within our self-insured retention amounts. We are currently self-insured for certain layers of auto liability claims in excess of $2.0 million. Therefore, we specifically reserve for claims that are expected to exceed $2.0 million when fully developed, based on the facts and circumstances of those claims. If we experience claims that are not We were named a defendant in a putative class action lawsuit filed on August 6, 2021, August 5, 2022, October 7, 2022, January 1, 2020, July 31, 2022, not November 14, 2022. October 11, 2023. not

Note M - Leases

Note M - Leases	9 Months Ended
Note M - Leases	Sep. 30, 2023
Notes to Financial Statements
Lessor, Operating Leases [Text Block]	NOTE M: LEASES The Company currently leases shop, office and parking spaces in various locations in the United States and Mexico. The initial term for the majority of these leases is one one not The initial lease term for certain shop and office locations is for periods ranging from one five may may not not not The Company leases trucks to owner-operators under our lease-to-own program. We also lease dock space to a related party at our Laredo, Texas terminal. Right-of-Use Leases The Company is party to operating leases which include initial terms ranging from three five not 842, September 30, 2023. not may five not not September 30, 2023. Scheduled amounts and timing of cash flows arising from future right-of-use operating lease payments at September 30, 2023, Maturity of Lease Liabilities (in thousands) 2023 (remaining) $ 85 2024 114 2025 and thereafter - Total undiscounted operating lease payments $ 199 Less: Imputed interest (1 ) Present value of operating lease liabilities $ 198 Balance Sheet Classification Right-of-use assets (recorded in other non-current assets) $ 198 Current lease liabilities (recorded in other current liabilities) $ 198 Long-term lease liabilities (recorded in other long-term liabilities) 0 Total operating lease liabilities $ 198 Other Information Weighted-average remaining lease term for operating leases (in years) 0.58 Weighted-average discount rate for operating leases 3.74 % Cash Flows No new right-of-use assets were recognized as a non-cash asset addition that resulted from new operating lease liabilities during the nine September 30, 2023. nine September 30, 2023, Operating Lease Costs Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Long-term $ 83 $ 125 $ 246 $ 435 Short-term 831 627 2,327 1,732 Total $ 914 $ 752 $ 2,573 $ 2,167 Lease Revenue The Company's operating lease revenue is disclosed in the table below. Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Leased truck revenue (recorded in revenue, before fuel surcharge) $ 1,952 $ 2,228 $ 6,070 $ 6,519 Leased building space revenue (recorded in non-operating income) 99 99 296 426 Total lease revenue $ 2,051 $ 2,327 $ 6,366 $ 6,945 The Company leases trucks to owner-operators under operating leases, which generally have a term of up to five As of September 30, 2023, not September 30, 2023, The Company leases dock space to a related party at our Laredo, Texas terminal. The dock space is depreciated in conjunction with the structures and improvements for the entire Laredo terminal on a straight-line basis over the estimated useful life of the assets. Lease income is recorded as a component of non-operating income in our condensed consolidated statements of operations. Lease Receivables Future minimum operating lease payments receivable at September 30, 2023: (in thousands) 2023 (remaining) $ 1,871 2024 6,373 2025 3,837 2026 1,825 2027 and thereafter 51 Total future minimum lease payments receivable $ 13,957

Note N - Noncash Investing and

Note N - Noncash Investing and Financing Activities	9 Months Ended
Note N - Noncash Investing and Financing Activities	Sep. 30, 2023
Notes to Financial Statements
Noncash Investing and Financing Activities Disclosure [Text Block]	NOTE N: NONCASH INVESTING AND FINANCING ACTIVITIES The Company financed approximately $12.3 million in equipment purchases during the first nine 2023

Note O - Acquisition of Metropo

Note O - Acquisition of Metropolitan Trucking	9 Months Ended
Note O - Acquisition of Metropolitan Trucking	Sep. 30, 2023
Notes to Financial Statements
Business Combination Disclosure [Text Block]	NOTE O: ACQUISITION OF METROPOLITAN TRUCKING On June 14, 2022, Pursuant to the Asset Purchase Agreement, the Buyer acquired substantially all the assets and assumed certain specified liabilities of Metropolitan Trucking, Inc., and its related entities (the “Transaction”). The Buyer paid $79.9 million of total consideration, including cash and certain assumed indebtedness of Metropolitan Trucking, Inc., and its related entities. The Transaction closed on June 14, 2022. Total cash paid of $64.3 million was funded out of the Company’s available cash. The Transaction included the assumption of $12.6 million of indebtedness and $2.9 million of other current liabilities. The Asset Purchase Agreement contains customary representations, warranties, covenants, escrow and indemnification provisions. The results of the acquired business have been included in the condensed consolidated financial statements since the date of acquisition and represented 12.4% of consolidated total assets as of September 30, 2023 September 30, 2023. The allocation of the purchase price is detailed in the tables below. The assets and liabilities associated with the acquisition were recorded at their fair values as of the acquisition date and the amounts are as follows: (in thousands) Trade and other accounts receivable $ 10,821 Other current assets 316 Property and equipment 68,722 Total assets 79,859 Accounts payable (2,915 ) Long-term debt (12,627 ) Total cash paid $ 64,317

Note D - Marketable Equity Se_2

Note D - Marketable Equity Securities (Tables)	9 Months Ended
Note D - Marketable Equity Securities (Tables)	Sep. 30, 2023
Notes Tables
Marketable Securities [Table Text Block]	September 30, 2023 December 31, 2022 (in thousands) Fair market value $ 41,250 $ 41,728 Cost 30,294 30,350 Unrealized gain $ 10,956 $ 11,378
Unrealized Gain (Loss) on Investments [Table Text Block]	September 30, 2023 December 31, 2022 (in thousands) Gross unrealized gains $ 13,803 $ 13,478 Gross unrealized losses 2,847 2,100 Net unrealized gain $ 10,956 $ 11,378
Schedule of Realized Gain (Loss) [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Sales proceeds $ 343 $ - $ 343 $ - Cost of securities sold 255 - 255 - Realized gain $ 88 $ - $ 88 $ -

Note E - Stock-based Compensa_2

Note E - Stock-based Compensation (Tables)	9 Months Ended
Note E - Stock-based Compensation (Tables)	Sep. 30, 2023
Notes Tables
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	Restricted Stock Number of Shares Weighted- Average Grant Date Fair Value Non-vested at January 1, 2023 235,832 $ 13.15 Granted 30,608 27.97 Canceled/forfeited/expired (34,672 ) 16.85 Vested (32,954 ) 17.49 Non-vested at September 30, 2023 198,860 $ 14.07

Note F - Segment Information (T

Note F - Segment Information (Tables)	9 Months Ended
Note F - Segment Information (Tables)	Sep. 30, 2023
Notes Tables
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Amount % Amount % Amount % Amount % (in thousands) Truckload Services revenue $ 112,257 64.4 $ 144,982 67.0 $ 357,681 65.1 $ 404,658 65.8 Brokerage and Logistics Services revenue 62,091 35.6 71,493 33.0 192,204 34.9 210,645 34.2 Total revenues $ 174,348 100.0 $ 216,475 100.0 $ 549,885 100.0 $ 615,303 100.0

Note H - Earnings Per Share (Ta

Note H - Earnings Per Share (Tables)	9 Months Ended
Note H - Earnings Per Share (Tables)	Sep. 30, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands, except per share data) Net income $ 6,097 $ 24,566 $ 20,648 $ 72,690 Basic weighted average common shares outstanding 22,021 22,263 22,068 22,276 Dilutive effect of common stock equivalents 118 177 151 192 Diluted weighted average common shares outstanding 22,139 22,440 22,219 22,468 Basic earnings per share $ 0.28 $ 1.10 $ 0.94 $ 3.26 Diluted earnings per share $ 0.28 $ 1.09 $ 0.93 $ 3.24

Note J - Fair Value of Financ_2

Note J - Fair Value of Financial Instruments (Tables)	9 Months Ended
Note J - Fair Value of Financial Instruments (Tables)	Sep. 30, 2023
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Total Level 1 Level 2 Level 3 (in thousands) Marketable equity securities $ 41,250 $ 41,250 - -
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Value Estimated Fair Value (in thousands) Long-term debt $ 227,567 $ 220,865

Note M - Leases (Tables)

Note M - Leases (Tables)	9 Months Ended
Note M - Leases (Tables)	Sep. 30, 2023
Notes Tables
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	Maturity of Lease Liabilities (in thousands) 2023 (remaining) $ 85 2024 114 2025 and thereafter - Total undiscounted operating lease payments $ 199 Less: Imputed interest (1 ) Present value of operating lease liabilities $ 198 Balance Sheet Classification Right-of-use assets (recorded in other non-current assets) $ 198 Current lease liabilities (recorded in other current liabilities) $ 198 Long-term lease liabilities (recorded in other long-term liabilities) 0 Total operating lease liabilities $ 198 Other Information Weighted-average remaining lease term for operating leases (in years) 0.58 Weighted-average discount rate for operating leases 3.74 %
Lease, Cost [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Long-term $ 83 $ 125 $ 246 $ 435 Short-term 831 627 2,327 1,732 Total $ 914 $ 752 $ 2,573 $ 2,167
Operating Lease, Lease Income [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Leased truck revenue (recorded in revenue, before fuel surcharge) $ 1,952 $ 2,228 $ 6,070 $ 6,519 Leased building space revenue (recorded in non-operating income) 99 99 296 426 Total lease revenue $ 2,051 $ 2,327 $ 6,366 $ 6,945
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block]	(in thousands) 2023 (remaining) $ 1,871 2024 6,373 2025 3,837 2026 1,825 2027 and thereafter 51 Total future minimum lease payments receivable $ 13,957

Note O - Acquisition of Metro_2

Note O - Acquisition of Metropolitan Trucking (Tables)	9 Months Ended
Note O - Acquisition of Metropolitan Trucking (Tables)	Sep. 30, 2023
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	(in thousands) Trade and other accounts receivable $ 10,821 Other current assets 316 Property and equipment 68,722 Total assets 79,859 Accounts payable (2,915 ) Long-term debt (12,627 ) Total cash paid $ 64,317

Note A - Basis of Presentation

Note A - Basis of Presentation (Details Textual) shares in Millions	Mar. 08, 2022	Mar. 29, 2022 shares	Mar. 18, 2022 shares
Stockholders' Equity Note, Stock Split, Conversion Ratio	2
Shares, Outstanding, Ending Balance (in shares)		22.2	11.1

Note D - Marketable Equity Se_3

Note D - Marketable Equity Securities (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Dec. 31, 2022
Investment Income, Dividend	$ 419,000		$ 1,158,000
Equity Securities, FV-NI, Unrealized Gain (Loss)	119,000	$ 2,387,000
Margin Account Borrowings [Member] \| Accrued Expenses and Other Liabilities [Member]
Short-Term Debt	$ 0		$ 0	$ 914,000

Note D - Marketable Equity Se_4

Note D - Marketable Equity Securities - Securities Classified As Available-for-sale (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Fair market value	$ 41,250	$ 41,728
Cost	30,294	30,350
Unrealized gain	$ 10,956	$ 11,378

Note D - Marketable Equity Se_5

Note D - Marketable Equity Securities - Unrealized Gains and Losses on Marketable Equity Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Gross unrealized gains	$ 13,803	$ 13,478
Gross unrealized losses	2,847	2,100
Unrealized gain	$ 10,956	$ 11,378

Note D - Marketable Equity Se_6

Note D - Marketable Equity Securities - Realized Gains on Marketable Equity Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Sales proceeds	$ 343	$ 0	$ 343	$ 0
Cost of securities sold	255	0	255	0
Realized gain	$ 88	$ 0	$ 88	$ 0

Note E - Stock-based Compensa_3

Note E - Stock-based Compensation (Details Textual) - USD ($)		1 Months Ended	9 Months Ended
	May 29, 2014	May 31, 2023	Sep. 30, 2023	Sep. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested in Period, Fair Value			$ 576,000	$ 269,000
Allocated Share-based Compensation Expense, Impact on Earnings Per Share, Diluted (in dollars per share)			$ 0.01	$ 0.01
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			$ 2,687,000	$ 2,601,000
Amortization, Current Year [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			552,000
Amortization, Next Year [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			728,000
Amortization Year 2 [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			777,000
Amortization, Year 3 [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			493,000
Amortization, Year 4 [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			136,000
Salaries, Wages and Benefits [Member]
Share-Based Payment Arrangement, Expense			387,000	$ 528,000
Director [Member] \| Salaries, Wages and Benefits [Member]
Share-Based Payment Arrangement, Expense			$ 55,000
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			30,608
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)			$ 27.97
The 2014 Stock Option Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)	3,000,000
The 2014 Stock Option Plan [Member] \| Stock Award [Member] \| Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		2,295
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)		$ 23.95
The 2014 Stock Option Plan [Member] \| Minimum [Member] \| Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent	85%

Note E - Stock Based Compensati

Note E - Stock Based Compensation - Summary of Nonvested Restricted Stock (Details) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2023 $ / shares shares
Non-vested (in shares) \| shares	235,832
Nonvested - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 13.15
Granted (in shares) \| shares	30,608
Granted - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 27.97
Canceled/forfeited/expired (in shares) \| shares	(34,672)
Canceled/forfeited/expired - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 16.85
Vested (in shares) \| shares	(32,954)
Vested - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 17.49
Non-vested (in shares) \| shares	198,860
Nonvested - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 14.07

Note F - Segment Information (D

Note F - Segment Information (Details Textual)	9 Months Ended
Note F - Segment Information (Details Textual)	Sep. 30, 2023
Number of Operating Segments	2

Note F - Segment Information -

Note F - Segment Information - Segment Revenue Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenue, before fuel surcharges	$ 201,502	$ 252,630	$ 630,639	$ 709,246
Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 174,348	$ 216,475	549,885	615,303
Freight Transportation Service [Member] \| Revenue Benchmark [Member] \| Product Concentration Risk [Member]
Revenue, before fuel surcharges			$ 549,885	$ 615,303
Revenue, before fuel surcharges, percentage	100%	100%	100%	100%
Truckload Services [Member] \| Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 112,257	$ 144,982
Truckload Services [Member] \| Freight Transportation Service [Member] \| Revenue Benchmark [Member] \| Product Concentration Risk [Member]
Revenue, before fuel surcharges			$ 357,681	$ 404,658
Revenue, before fuel surcharges, percentage	64.40%	67%	65.10%	65.80%
Brokerage and Logistics Services [Member] \| Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 62,091	$ 71,493
Brokerage and Logistics Services [Member] \| Freight Transportation Service [Member] \| Revenue Benchmark [Member] \| Product Concentration Risk [Member]
Revenue, before fuel surcharges			$ 192,204	$ 210,645
Revenue, before fuel surcharges, percentage	35.60%	33%	34.90%	34.20%

Note G - Treasury Stock (Detail

Note G - Treasury Stock (Details Textual) - USD ($)	Sep. 30, 2023	Dec. 31, 2022	Sep. 01, 2011
Treasury Stock, Common, Shares (in shares)	296,330	127,237
Treasury Stock, Common, Value	$ 8,736,000	$ 4,000,000
September 2011 Reauthorization [Member]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares)			500,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased (in shares)	475,066
Treasury Stock, Common, Shares (in shares)	296,330
Treasury Stock, Common, Value	$ 8,736,000

Note H - Earnings Per Share - C

Note H - Earnings Per Share - Computations of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Net Income	$ 6,097	$ 9,319	$ 5,231	$ 24,566	$ 24,182	$ 23,942	$ 20,648	$ 72,690
Basic weighted average common shares outstanding (in shares)	22,021			22,263			22,068	22,276
Dilutive effect of common stock equivalents (in shares)	118			177			151	192
Diluted weighted average common shares outstanding (in shares)	22,139			22,440			22,219	22,468
Basic earnings per share (in dollars per share)	$ 0.28			$ 1.10			$ 0.94	$ 3.26
Diluted earnings per share (in dollars per share)	$ 0.28			$ 1.09			$ 0.93	$ 3.24

Note I - Income Taxes (Details

Note I - Income Taxes (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Statute of Limitations (Year)	3 years
Income Tax Examination, Penalties and Interest Expense, Total	$ 0	$ 0
Effective Income Tax Rate Reconciliation, Percent	27%	23.60%
Open Tax Year	2019 2020 2021 2022

Note J - Fair Value of Financ_3

Note J - Fair Value of Financial Instruments - Securities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Marketable equity securities	$ 41,250	$ 41,728
Fair Value, Inputs, Level 1 [Member]
Marketable equity securities	$ 41,250

Note J - Fair Value of Financ_4

Note J - Fair Value of Financial Instruments - Fair Value of Long-term Debt Other Than Lines of Credit (Details) - Equipment Financing [Member] $ in Thousands	Sep. 30, 2023 USD ($)
Reported Value Measurement [Member]
Long-term debt	$ 227,567
Estimate of Fair Value Measurement [Member]
Long-term debt	$ 220,865

Note K - Notes Payable (Details

Note K - Notes Payable (Details Textual) $ in Millions	9 Months Ended
Note K - Notes Payable (Details Textual) $ in Millions	Sep. 30, 2023 USD ($)
Notes Payable	$ 12.3
Notes Payable, Number of Monthly Installments	60

Note L - Litigation (Details Te

Note L - Litigation (Details Textual) - USD ($)	Oct. 07, 2022	Mar. 31, 2023	Sep. 01, 2020
Self Insurance Auto Liability Claims Threshold Amount			$ 2,000,000
Settlement Of Collective And Class Action Lawsuit [Member]
Litigation Settlement, Amount Awarded to Other Party	$ 4,750,000
Minimum [Member]
Self Insurance Liability Claims, Exceeding Amount Reserve Threshold		$ 2,000,000

Note M - Leases (Details Textua

Note M - Leases (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Note M - Leases (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability			$ 0
Operating Lease, Payments			100
Property, Plant and Equipment, Net	$ 456,920		456,920		$ 463,595
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	257,753		257,753		$ 242,324
Depreciation	$ 15,552	$ 16,289	$ 47,805	$ 46,647
Trucks under Operating Lease [Member]
Lessor, Operating Lease, Term of Contract (Year)	5 years		5 years
Property, Plant and Equipment, Net	$ 54,800		$ 54,800
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 25,100		25,100
Depreciation			$ 600
Minimum [Member] \| Shop and Office Leases with Early Cancellation Options [Member]
Lessee, Operating Lease, Term of Contract (Year)	1 year		1 year
Minimum [Member] \| Leases without Early Cancellation Options [Member]
Lessee, Operating Lease, Term of Contract (Year)	3 years		3 years
Maximum [Member] \| Shop and Office Leases with Early Cancellation Options [Member]
Lessee, Operating Lease, Term of Contract (Year)	5 years		5 years
Maximum [Member] \| Leases without Early Cancellation Options [Member]
Lessee, Operating Lease, Term of Contract (Year)	5 years		5 years
Operating Lease, Right-of-Use Asset	$ 200		$ 200

Note M - Leases - Operating Lea

Note M - Leases - Operating Lease (Details) $ in Thousands	Sep. 30, 2023 USD ($)
2023 (remaining)	$ 85
2024	114
2025 and thereafter	0
Total undiscounted operating lease payments	199
Less: Imputed interest	$ (1)
Weighted-average remaining lease term for operating leases (in years) (Year)	6 months 29 days
Weighted-average discount rate for operating leases	3.74%
Accrued Expenses And Other Liabilities And Other Long-term Liabilities [Member]
Present value of operating lease liabilities	$ 198
Right-of-use assets (recorded in other non-current assets)	198
Total operating lease liabilities	198
Other Current Liabilities [Member]
Current lease liabilities (recorded in other current liabilities)	198
Other Noncurrent Liabilities [Member]
Long-term lease liabilities (recorded in other long-term liabilities)	$ 0

Note M - Leases - Lease Cost (D

Note M - Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Long-term	$ 83	$ 125	$ 246	$ 435
Short-term	831	627	2,327	1,732
Total	$ 914	$ 752	$ 2,573	$ 2,167

Note M - Leases - Lease Revenue

Note M - Leases - Lease Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Lease revenue	$ 2,051	$ 2,327	$ 6,366	$ 6,945
Trucks under Operating Lease [Member]
Lease revenue	1,952	2,228	6,070	6,519
Dock Space under Operating Lease [Member]
Lease revenue	$ 99	$ 99	$ 296	$ 426

Note M - Leases - Lease Receiva

Note M - Leases - Lease Receivables (Details) $ in Thousands	Sep. 30, 2023 USD ($)
2023 (remaining)	$ 1,871
2024	6,373
2025	3,837
2026	1,825
2027 and thereafter	51
Total future minimum lease payments receivable	$ 13,957

Note N - Noncash Investing an_2

Note N - Noncash Investing and Financing Activities (Details Textual) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)
Noncash or Part Noncash Acquisition, Fixed Assets Acquired	$ 12.3

Note O - Acquisition of Metro_3

Note O - Acquisition of Metropolitan Trucking (Details Textual) - Metropolitan Trucking Inc and Related Entities [Member] - USD ($) $ in Thousands		9 Months Ended
	Jun. 14, 2022	Sep. 30, 2023
Business Combination, Consideration Transferred, Total	$ 79,900
Payments to Acquire Businesses, Gross	64,317
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt	12,627
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable	$ 2,915
Acquired Business As a Percent of Total Assets		12.40%
Acquired Business As a Percent of Operating Revenue		9.30%

Note O - Acquisition of Metro_4

Note O - Acquisition of Metropolitan Trucking - Assets Acquired and Liabilities Assumed (Details) - Metropolitan Trucking Inc and Related Entities [Member] $ in Thousands	Jun. 14, 2022 USD ($)
Trade and other accounts receivable	$ 10,821
Other current assets	316
Property and equipment	68,722
Total assets	79,859
Accounts payable	(2,915)
Long-term debt	(12,627)
Payments to Acquire Businesses, Gross	$ 64,317