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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 molikaion Sep 02, 1999 10:15am
25 Views
Post# 970666

RE: ANY ANNOUCEMENT SOON

RE: ANY ANNOUCEMENT SOONI'm in for 5K @ .44 avg. I have a patent lawyer friend in Calgary. He said that these patent infringement cases can take years to settle and that deep pockets are required. What I'm counting on is the savvy of management who seem to come with good credentials but who really knows? Their first cases are important. Perhaps if someone could contact IR to see how they're progressing it could make us feel more comfortable with our investment. I'll likewise try the same.
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