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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

Comment by pfaffgauon Feb 26, 2005 12:09am
167 Views
Post# 8660914

RE: Now Just Watch-SORRY

RE: Now Just Watch-SORRYCorrect. I left out the "would not short"......but if you wanted to just look at the projections on prices......obviously I don't think it wise to short any time soon. I am now reading a projection of $1.38.....but it's not too firm. It also corresponds to the top of a channel for the chart. If the institutions really go for this project, expect very large volumes to show up soon. Looks excellent. News releases should become more regular now that the money is in escrow.
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