Proficient Auto Logistics Inc
NASDAQ:PAL
Proficient Auto Logistics Inc
Proficient Auto Logistics Inc is a US-based company operating in industry. The company is headquartered in Jacksonville, Florida and currently employs 650 full-time employees. The company went IPO on 2024-05-09. Proficient Auto Logistics, Inc. is a specialized freight company focused on providing auto transportation and logistics services. 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. The firm operates in two segments, Truckload and Brokerage. Its Truckload 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 Brokerage 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.
Proficient Auto Logistics Inc is a US-based company operating in industry. The company is headquartered in Jacksonville, Florida and currently employs 650 full-time employees. The company went IPO on 2024-05-09. Proficient Auto Logistics, Inc. is a specialized freight company focused on providing auto transportation and logistics services. 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. The firm operates in two segments, Truckload and Brokerage. Its Truckload 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 Brokerage 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.
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