Proficient Auto Logistics, Inc. is a freight company, which engages in providing auto transportation and logistics services. The company is headquartered in Jacksonville, Florida and currently employs 671 full-time employees. The company went IPO on 2024-05-09. The firm offers a range of auto transportation and logistics services, focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country. Its segments include Company Drivers and Brokered. Its Company Drivers segment offers automobile transport and contract services under an asset-based model. Its contract service offering devotes the use of equipment to specific customers and provides transportation services through long-term contracts. Its Brokered segment offers transportation services utilizing an asset-light model focusing on outsourcing transportation of loads to third-party carriers. Its customers range from auto companies, such as General Motors, BMW, Stellantis, and Mercedes-Benz, to electric vehicle (EV) producers, such as Tesla and Rivian.
Follow-Up Questions
Who is the CEO of Proficient Auto Logistics Inc?
Mr. Richard O'Dell is the Chairman of the Board of Proficient Auto Logistics Inc, joining the firm since 2024.
What is the price performance of PAL stock?
The current price of PAL is $6.07, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Proficient Auto Logistics Inc?
Proficient Auto Logistics Inc belongs to Road & Rail industry and the sector is Industrials
What is Proficient Auto Logistics Inc market cap?
Proficient Auto Logistics Inc's current market cap is $168.6M
Is Proficient Auto Logistics Inc a buy, sell, or hold?
According to wall street analysts, 4 analysts have made analyst ratings for Proficient Auto Logistics Inc, including 4 strong buy, 3 buy, 1 hold, 0 sell, and 4 strong sell