PAMT CORP 10-K

Item 2. Properties.   Our executive offices and primary terminal facilities, which we own, are located in Tontitown, Arkansas. These facilities are located on approximately 54.9 acres and consist of 134,581 square feet of office space and maintenance and storage facilities.   Our subsidiaries lease facilities in Fort Wayne and Indianapolis, Indiana; Bloomsburg, Pennsylvania; Bolingbrook, Illinois; Romulus, Michigan; Memphis, Tennessee; and Monterrey, Mexico. Our terminal facilities in North Little Rock, Arkansas; North Jackson, Ohio; Willard, Ohio; and Irving and Laredo, Texas 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, 2022, 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 Lease Yes Yes Yes Bolingbrook, Illinois Lease Yes No No North Little Rock, Arkansas Own No Yes Yes Indianapolis, Indiana Lease No Yes No Romulus, Michigan Lease No Yes No North Jackson, Ohio Own Yes Yes Yes Willard, Ohio Own Yes Yes No Memphis, Tennessee Lease No Yes No Irving, Texas Own Yes Yes Yes Laredo, Texas Own Yes Yes Yes Monterrey, Mexico Lease No No No Fort Wayne, Indiana Lease Yes Yes No   We also have access to trailer drop and relay stations in various other locations across the country. We lease certain of these facilities on a month-to-month basis from affiliates of our largest stockholder.   We believe that all of the properties that we own or lease are suitable for their purposes and adequate to meet our needs.