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Proficient Auto Logistics, Inc. Common Stock

Proficient Auto Logistics, Inc. Common Stock

Proficient Auto Logistics Inc is a non-union, specialized freight company focused on providing auto transportation and logistics services. The company operates auto transportation fleets in North America based upon information obtained from the Auto Haulers Association of America, utilizing auto transport vehicles and trailers daily, including Company-owned transport vehicles and trailers. The company is organized into two operating segments, Company Drivers and Subhaulers. In Company Drivers segment, revenue is generated by transporting autos for customers in OEM contract and spot arrangements and secondary market auto moves. In Subhaulers segment, company generates revenue by independent owner operators and independent third-party carriers.

proautogistics.com

Ticker

PAL

Market cap

$149.13M

IPO Date

May 9, 2024

Employees

724

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