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Proficient Auto Logistics Inc V.PAL


Primary Symbol: PAL

Proficient Auto Logistics, Inc. is a specialized freight company focused on providing auto transportation and logistics services. The Company 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 Company 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.


NDAQ:PAL - Post by User

Post by Racket1on Feb 24, 2005 11:33pm
147 Views
Post# 8654250

Now Just Watch

Now Just Watchas Cannaccord shorts this play just as they have done with AUA and a million other stocks they have financed over the years. Financing with CC is the kiss of death but these companies are too lazy to find more creative financing so they reap the results. Its simply unbelievable but they figure it gets them coming back for more and the companies are too stupid to break free. This will retrace to .68 to backfill.
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