Core Insights - Proficient Auto Logistics, Inc. reported a total operating revenue of $115.5 million for Q2 2025, marking a 21.4% increase from Q1 2025 and an 8.4% increase from Q2 2024 [2][10] - The company achieved an adjusted operating income of $3.8 million in Q2 2025, compared to $1.2 million in Q1 2025 and $8.7 million in Q2 2024 [2][10] - Total units delivered reached 631,426, reflecting a 28% increase from Q1 2025 and a 24% increase from Q2 2024 [2][10] Financial Performance - Total operating income for Q2 2025 was $0.1 million, a recovery from a loss of $2.4 million in Q1 2025, but down from $7.0 million in Q2 2024 [2][10] - The adjusted operating ratio improved to 96.7% in Q2 2025 from 98.7% in Q1 2025, but was higher than 91.8% in Q2 2024 [2][10] - Adjusted EBITDA for the trailing twelve months ending June 30, 2025, was $35.2 million, with a net leverage ratio of 2.2x [12][23] Operational Metrics - The company delivered 220,578 units through company drivers, with a revenue per unit of $178.82, while subhaulers delivered 410,848 units at a revenue per unit of $166.50 [8][10] - The proportion of revenue from company deliveries increased to 37% in Q2 2025, up from 35% in Q1 2025 and 32% in Q2 2024 [8][10] Balance Sheet Overview - As of June 30, 2025, Proficient had $13.6 million in cash and $90.2 million in total debt, resulting in a net debt of approximately $76.6 million [12][13] - The total assets of the company were reported at $520.5 million, with total liabilities amounting to $180.9 million [24][26] Strategic Commentary - The CEO highlighted that the revenue growth was driven by market share gains and strategic acquisitions, emphasizing the need for cost control in a challenging market environment [2][10] - The company aims to maintain high-quality service while efficiently scaling operations through share gains and acquisitions [2][10]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Proficient Auto Logistics, Inc. for possible violations of federal securities laws and unlawful business practices [2]. Financial Performance - Proficient Auto reported a 0.4% year-over-year decrease in total operating revenue, amounting to $95.2 million for the first quarter ended March 31, 2025 [3]. - The company experienced a total operating loss of $2.4 million during the same quarter [3]. - Following the financial results announcement, Proficient Auto's stock price declined by $0.40 per share, or 4.93%, closing at $7.72 per share on May 8, 2025 [3]. Legal Context - The law firm is encouraging investors who suffered losses in Proficient Auto to contact them to discuss their legal rights and options [1][4]. - The investigation aims to determine if Proficient Auto has engaged in any unlawful business practices that could affect shareholders [2]. Firm Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation across state and federal courts [5].

Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Proficient Auto Logistics, Inc. for possible violations of federal securities laws and unlawful business practices [1][2] Financial Performance - Proficient Auto reported a 0.4% year-over-year decrease in total operating revenue, amounting to $95.2 million for the first quarter ended March 31, 2025 [2] - The company experienced a total operating loss of $2.4 million during the same quarter [2] - Following the financial results announcement, Proficient Auto's stock price fell by $0.40 per share, or 4.93%, closing at $7.72 per share on May 8, 2025 [2]

Core Viewpoint - The Schall Law Firm is investigating Proficient Auto Logistics, Inc. for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Proficient Auto issued false or misleading statements and failed to disclose relevant information to investors [2]. - Following the announcement of Q1 financial results on May 7, 2025, Proficient Auto reported a decline in year-over-year total operating revenue and a net operating loss [2]. - As a result of the negative financial news, Proficient Auto's shares fell by more than 4.9% the following day [2]. Group 2: Legal Representation - The Schall Law Firm offers free consultations for shareholders who may have suffered losses due to the company's actions [3]. - The firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors globally [3].

Core Insights - Proficient Auto Logistics (PAL) has been awarded the 2025 Quality Award for Finished Vehicle Logistics in the truck category by Toyota Logistics Services (TLS) [1][2] - The award highlights PAL's commitment to quality service, adaptability, and high service standards in a challenging automotive market [2][3] - PAL specializes in finished vehicle transport, providing reliable and flexible auto logistics solutions across North America [3][4] Company Overview - Proficient Auto Logistics is a leading specialized freight company focused on auto transportation and logistics services [4] - The company operates one of the largest auto transportation fleets in North America, formed by the combination of seven industry-leading operating companies since its IPO in 2024 [4] - PAL's services primarily involve transporting finished vehicles from production facilities, marine ports, or regional rail yards to dealerships nationwide [4]

Group 1 - The investigation by Pomerantz LLP focuses on potential securities fraud or unlawful business practices by Proficient Auto Logistics, Inc. and its officers or directors [1] - Proficient Auto reported a 0.4% year-over-year decrease in total operating revenue to $95.2 million for the first quarter ended March 31, 2025, along with a total operating loss of $2.4 million [3] - Following the financial results announcement, Proficient Auto's stock price dropped by $0.40 per share, or 4.93%, closing at $7.72 per share on May 8, 2025 [3] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [4] - The firm has a legacy of recovering multimillion-dollar damages awards for class members over its 80-year history [4]

Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Proficient Auto Logistics, Inc., focusing on possible false or misleading statements made by the company and its executives [1]. Company Overview - Proficient Auto is a specialized freight company that provides auto transportation and logistics services [2]. Financial Performance - On May 7, 2025, Proficient Auto announced its financial results for the first quarter ended March 31, 2025, reporting a 0.4% year-over-year decrease in total operating revenue to $95.2 million and a total operating loss of $2.4 million during the quarter [3].

Core Viewpoint - Robbins LLP is investigating Proficient Auto Logistics, Inc. for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1]. Group 1: Company Overview - Proficient Auto Logistics, Inc. operates in the auto transportation and logistics services sector in North America [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there have been any breaches of fiduciary duties to shareholders by the company's executives [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for more information regarding their rights [2]. Group 3: Robbins LLP Background - Robbins LLP has been active in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [3]. - The firm has successfully obtained over $1 billion for shareholders since its inception [3].

Core Viewpoint - Johnson Fistel, PLLP is investigating Proficient Auto Logistics, Inc. (NASDAQ: PAL) for potential violations of securities laws related to misrepresentation or failure to disclose material information to investors [1][3]. Investigation Details - The investigation is focused on the losses suffered by investors and the possibility of recovering these losses under federal securities laws [1]. - On October 16, 2024, Proficient Auto Logistics announced anticipated revenue for Q3 FY 2024 to be between $90 million and $92 million, indicating a decrease of 14% to 16% compared to Q3 2023 [4]. - Following this announcement, the company's stock price dropped by 28.77% in the next trading session [4]. Company Background - Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with multiple offices across the United States, representing both individual and institutional investors in securities class action lawsuits [6]. - The firm has been recognized as a top plaintiffs' securities law firm, recovering approximately $90.725 million for clients in cases where it served as lead or co-lead counsel [7].

Financial Data and Key Metrics Changes - The operating revenue for the first quarter of 2025 was $9,095.2 million, up 1% from the previous quarter but down less than 1% year-over-year [16] - Units delivered were 494,509, representing a 5% decrease [16] - Revenue per unit, excluding fuel surcharge, was approximately $177, down about 9% from Q1 2024 [16] - The company had approximately $10,900 million in cash and equivalents at the end of Q1 2025, with an aggregate debt balance of approximately $79,200 million [18] Business Line Data and Key Metrics Changes - The dedicated fleet service generated revenue of $4.3 million in Q1 2025, up from $3.4 million in Q4 2024 but down 33% from $6.4 million in Q1 2024 [16] - Revenue from spot opportunities comprised 4.3% of total revenue at approximately $3.7 million, unchanged from Q4 2024 but down from $13.8 million in Q1 2024 [17] Market Data and Key Metrics Changes - Industry sales were strong in March 2025, with auto SAAR reaching 17.8 million units, the highest since April 2021 [10] - Analysts have reduced their full-year projected SAAR for 2025, with Goldman Sachs cutting it to 15.4 million units [11] Company Strategy and Development Direction - The company aims to increase market share and effectively integrate merged operations to drive improved efficiency and profitability [12] - The acquisition of Brothers Auto Transport is expected to enhance the company's presence in the Northeast and Mid Atlantic regions [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the uncertain market environment and highlighted the potential impact of tariffs on auto demand and supply chain decisions [11][12] - The company expects sequential quarter growth in total revenue in the high single digits for Q2 2025, despite the impact of tariffs [19] Other Important Information - The integration of Brothers Auto Transport is progressing smoothly, with plans to unify systems and processes by July 1, 2025 [14] - The company anticipates approximately $15 million in CapEx for 2025, subject to market conditions [18] Q&A Session Summary Question: Insights on market changes and earnings power - Management noted that the current market dynamics are uncertain, but they are encouraged by record revenue in April and expect to operate better than breakeven levels in a normalized environment [24] Question: Customer behavior in response to tariffs - OEMs are taking varied actions, with some continuing business as usual while others are holding cars to await clearer tariff information [26] Question: Mix of domestically produced vs. imported vehicles - The company estimates a mix of approximately 60% domestic and 40% imported vehicles [35] Question: Revenue from Brothers Auto Transport - The annualized revenue from new business is expected to be around $60 million, with potential for additional market share gains [41] Question: Q2 revenue and EBITDA expectations - Management expects high single-digit sequential growth in revenue, which should also improve EBITDA [44]