Proficient Auto Logistics, Inc. (PAL)
NASDAQ: PAL · IEX Real-Time Price · USD
15.31
+0.18 (1.19%)
May 31, 2024, 4:30 PM EDT - Market closed

Company Description

Proficient Auto Logistics is a leading non-union, specialized freight company focused on providing auto transportation and logistics services.

Formed in connection with this offering through the combination of the Founding Companies, five industry-leading operating companies, we will operate one of the largest auto transportation fleets in North America, utilizing roughly 1,130 auto transport vehicles and trailers on a daily basis, including 615 Company-owned transport vehicles and trailers.

From our 49 strategically located facilities across the United States, we offer a broad range of auto transportation and logistics services, primarily focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country.

Our customers range from large, global auto companies, such as General Motors, BMW, Stellantis, and Mercedes Benz, to electric vehicle producers, such as Tesla and Rivian.

Additional customers include auto dealers, auto auctions, rental car companies, and auto leasing companies.

Proficient Auto Logistics, Inc.
Proficient Auto Logistics logo
Country United States
Founded 2023
IPO Date May 9, 2024
Industry Integrated Freight & Logistics
Sector Industrials
Employees 649
CEO Richard O’Dell

Contact Details

Address:
1209 Orange Street
Wilmington, DE 19801
United States
Phone (415) 412-7448

Stock Details

Ticker Symbol PAL
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
IPO Price $15.00
CIK Code 0001998768
CUSIP Number 656912102
ISIN Number US6569121022
SIC Code 4700

Key Executives

Name Position
Ross Berner President; Director
Mark McKinney Secretary; Director
Richard O’Dell Chief Executive Officer; Chairman
Randy Beggs President and Chief Operating Officer; Director
Brad Wright Chief Financial Officer
Charles A. Alutto Director
Douglas L. Col Director
James B. Gattoni Director
Steven F. Lux Director
John F. Schraudenbach Director

Latest SEC Filings

Date Type Title
May 16, 2024 8-K/A [Amend] Current report
May 15, 2024 8-K Current Report
May 10, 2024 S-8 Securities to be offered to employees in employee benefit plans
May 10, 2024 424B4 Prospectus
May 8, 2024 EFFECT Notice of Effectiveness
May 8, 2024 CERT Certification by an exchange approving securities for listing
May 6, 2024 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933
Apr 29, 2024 8-A12B Registration of securities
Apr 29, 2024 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933
Apr 23, 2024 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933