Sets Date to Report Preliminary Fourth Quarter 2025 Financial ResultsJACKSONVILLE, Fla., Jan. 09, 2026 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company”) today announced that Rick O’Dell, Chairman and Chief Executive Officer, Amy Rice, President and Chief Operating Officer, and Brad Wright, Chief Financial Officer will participate in the Stifel Financial Corp. Transportation & Logistics Conference on February 10 and 11, 2026. The materials to be used during the conference will ...

Core Insights - Boston Partners increased its stake in Proficient Auto Logistics by 47.9% in Q2, owning 2,141,012 shares valued at $15.54 million [2] - Several institutional investors, including Bank of New York Mellon and Victory Capital Management, also raised their positions in Proficient Auto Logistics during Q1 [2] - Insider transactions revealed that Director John Skiadas sold 41,100 shares, reducing his position by 2.15% [3] - Proficient Auto Logistics has a market capitalization of $226.40 million, with a PE ratio of -406.75 and a beta of 2.53 [4] - Analyst ratings for Proficient Auto Logistics include two "Buy" ratings, one "Hold," and one "Sell," with an average target price of $12.50 [5] - The company focuses on auto transportation and logistics services in North America, operating approximately 1,130 transport vehicles [7]

Core Insights - Proficient Auto Logistics, Inc. reported strong revenue growth and improved profitability in Q3 2025, despite a slower seasonal period, indicating effective market share gains and operational improvements [2][6][9] Financial Performance - Total Operating Revenue for Q3 2025 was $114.3 million, a 24.9% increase from $91.5 million in Q3 2024 [5][6] - Total Operating Loss decreased to $0.1 million from a loss of $2.2 million in Q3 2024 [5][6] - Adjusted Operating Income rose to $4.2 million compared to $1.1 million in Q3 2024 [5][6] - Adjusted Operating Ratio improved to 96.3% from 98.8% year-over-year [5][6] - Total Units delivered increased by 21% year-over-year, with company deliveries up 24.8% and subhauler deliveries up 19.4% [6][8] Revenue and Profitability Metrics - Revenue per unit for company deliveries decreased by 1.5% to $181.42, while revenue per unit for subhaulers increased by 4.3% to $167.97 [8] - The dedicated fleet revenue was $4.2 million in Q3 2025, down from $4.7 million in the same quarter last year [9] Restructuring and Operational Efficiency - The third quarter included $1.9 million in restructuring charges aimed at improving operational efficiency, expected to yield annual savings exceeding $3 million starting in 2026 [10] - The adjusted operating ratio, excluding restructuring charges, improved by 250 basis points year-over-year [10] Balance Sheet Overview - As of September 30, 2025, the company had $14.5 million in cash and $79.2 million in debt, reflecting an $11 million reduction in total debt during the quarter [12] - The net leverage ratio was approximately 1.7x compared to adjusted EBITDA of $38 million for the trailing twelve months [12] Company Background - Proficient Auto Logistics is a leading specialized freight company focused on auto transportation and logistics services, operating one of the largest auto transportation fleets in North America [14]

Core Points - Proficient Auto Logistics, Inc. will host an investor conference call on November 11, 2025, to discuss its financial results for the three months ended September 30, 2025 [1] - A press release detailing the financial results will be issued at approximately 4:00 p.m. EST on the same day [1] - Investors can join the conference call by registering through a provided link [1] Company Overview - Proficient Auto Logistics is a leading specialized freight company focused on auto transportation and logistics services [2] - The company operates one of the largest auto transportation fleets in North America, formed by the combination of seven industry-leading operating companies [2] - Services primarily include transporting finished vehicles from production facilities, marine ports, or rail yards to dealerships across the country [2]

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]

Company Announcements - Proficient Auto Logistics, Inc. will participate in the William Blair Growth Stock Conference on June 4, 2025, with key executives attending [1] - An investor conference call is scheduled for August 11, 2025, at 5:00 p.m. EDT to discuss financial results for the three months ended June 30, 2025, with a press release to be issued at approximately 4:00 p.m. EDT on the same day [2] Company Overview - Proficient Auto Logistics is a leading specialized freight company focused on auto transportation and logistics services, operating one of the largest auto transportation fleets in North America [3]

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 - Proficient Auto Logistics, Inc. reported its financial results for Q1 2025, highlighting ongoing market challenges and the importance of market share growth and integration of recent acquisitions [1][3]. Financial Performance - Total Operating Revenue for Q1 2025 was $95.2 million, a slight increase of 0.7% from Q4 2024 but a decrease of 0.4% from Q1 2024 [2][5]. - Total Operating Loss was $(2.4) million, consistent with Q4 2024 and a significant decline from a profit of $6.5 million in Q1 2024 [2][5]. - Adjusted Operating Income was $1.2 million, up from $1.1 million in Q4 2024 but down from $6.5 million in Q1 2024 [2][5]. - Adjusted Operating Ratio improved slightly to 98.7% from 98.8% in Q4 2024 but was worse than 93.2% in Q1 2024 [2][5]. Unit Deliveries - Total Units delivered were 494,509, reflecting a 5% decrease from Q4 2024 but a 7% increase from Q1 2024 [2][5]. - Company Deliveries accounted for 163,754 units, down from 171,717 in Q4 2024 but up from 150,481 in Q1 2024 [9][12]. Revenue Metrics - Revenue per Unit for Company Deliveries was $185.38, an increase from $180.94 in Q4 2024 but a decrease from $197.38 in Q1 2024 [9][12]. - Revenue per Unit for Subhaulers was $173.14, up from $162.97 in Q4 2024 but down from $194.72 in Q1 2024 [9][12]. Balance Sheet - As of March 31, 2025, the Company had $10.9 million in cash and $79.3 million in debt, resulting in a net debt of approximately $68.4 million [14]. - The net leverage ratio was 1.9x compared to combined adjusted EBITDA of $36.3 million for the trailing twelve months [14]. Acquisitions and Market Position - The Company completed several acquisitions, including Brothers Auto Transport on April 1, 2025, and has integrated five Founding Companies since its IPO in May 2024 [3][4]. - The CEO emphasized the need for successful integration of these acquisitions to counteract market uncertainties [3]. Future Outlook - The Company plans to host an investor conference call to discuss the results and future strategies [15]. - Management is focused on improving operational performance and navigating the challenges posed by the current market environment [3][12].

As filed with the Securities and Exchange Commission on April 29, 2024. Registration No. 333-278629 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________ Proficient Auto Logistics, Inc. (Exact name of registrant as specified in its charter) ___________________________ | Delaware 7549 | 93-1869180 | | --- | --- | | (State or other jurisdiction of (Primary Standard Industrial | (I. ...