Proficient Auto Logistics, Inc (PAL) Proficient Auto Logistics, Inc. is a company that specializes in providing automotive transportation and logistics solutions across North America. The firm manages a significant fleet, comprising approximately 1,130 specialized vehicle transport units and trailers, of which 615 are company-owned. Its services cater to a diverse range of clients within the automotive sector, including traditional and electric vehicle manufacturers, car dealerships, auto auction houses, and companies involved in vehicle rental and leasing. Established in 2023 and headquartered in Jacksonville, Florida, the company rebranded as Proficient Auto Logistics, Inc. in October 2023, having previously been known as AH Acquisition Corp.
Sector: Transportation Services
Industry: Integrated Freight & Logistics
Proficient Auto Logistics, Inc. Common Stock NASDAQ:PAL Industrials · Integrated Freight & Logistics
Mkt Cap $82.76M
Earnings Nov 12 · in 1w
CLOSED · Nov 3 $2.95 CLOSED · Nov 3 Prev close $2.96 Close $2.95 0.00% AH close $2.95 VOL 436K $ Vol $1.29M RVOL 0.75x
Mkt Cap $82.76M
VOL 436K sh
$ Vol $1.29M
RVOL 0.75×
Earnings Nov 12 · in 1w
Press Release
Proficient Auto Logistics Appoints Steven Hansen to Board of Directors
Proficient Auto Logistics appointed Steven Hansen to its Board of Directors, effective immediately.
Hansen co-founded Hansen & Adkins, the finished-vehicle logistics company Proficient acquired in August 2026, and brings over 30 years of auto transportation experience spanning operations, fleet maintenance, and DOT compliance.
The appointment supports ongoing integration of H&A and is a routine governance addition rather than a strategic shift.
• 4d ago AI analysis › Press Release
Proficient Auto Logistics Sets Date to Report Third Quarter 2026 Financial Results; Announces Participation in Stephens Annual Investment Conference
Proficient Auto Logistics will report Q3 2026 results on November 12, 2026, with a press release at approximately 4:00 p.m. EST and an investor call at 5:00 p.m. EST.
The company also confirmed that President and COO Amy Rice and CFO Brad Wright will attend the Stephens Annual Investment Conference on November 18, 2026, with materials posted to its investor relations site that day.
No financial results or guidance were included in this scheduling announcement.
• 29d ago AI analysis › Press Release ● Major
Proficient Auto Logistics Completes Acquisition of Hansen & Adkins
Proficient Auto Logistics completed its acquisition of Hansen & Adkins, creating the largest auto hauler in the North American market.
The combined entity is expected to transport more than four million vehicles annually, representing roughly one quarter of the addressable new vehicle transportation market.
Integration of the acquisition is anticipated to be complete in early 2027, with Hansen & Adkins founders remaining as advisors through year-end to support the transition.
• 2mo ago AI analysis › Press Release
Proficient Auto Logistics Announces Pricing of $75 Million Convertible Bond Offering
Proficient Auto Logistics priced a private offering of $75 million aggregate principal amount of convertible senior notes due 2033, carrying a 5.50% annual interest rate.
The initial conversion price is set at $6.50 per share, representing a 27.5% premium over the last reported sale price of $5.10, with net proceeds estimated at approximately $71.4 million.
The company intends to use the proceeds to refinance outstanding indebtedness and pay premiums related to capped call transactions designed to mitigate potential dilution.
• 2mo ago AI analysis › Press Release ● Major ⚠ 4
Proficient Auto Logistics Reports Second Quarter 2026 Financial Results
Proficient Auto Logistics reported Q2 revenue of $109.4 million, down 5.3% year-over-year, while operating income swung to a loss of $3.2 million compared to a profit of $0.1 million in the prior year.
Total units delivered decreased 8.0% to 580,962, and the adjusted operating ratio deteriorated to 99.5% from 96.7%, driven by higher fuel, equipment, and driver costs alongside elevated claims expense.
Separately, the company announced a definitive agreement to acquire Hansen & Adkins and plans to offer $75.0 million in convertible senior notes due 2033 to refinance debt and fund capped call transactions.
• 2mo ago AI analysis › Press Release ● Major ⚠ 3
Proficient Auto Logistics Agrees to Acquire Hansen & Adkins, Strengthening Market Leadership and Creating North America’s Largest Auto Haul Provider; Announces Launch of $75 Million Convertible Bond Offering
Proficient Auto Logistics agreed to acquire Hansen & Adkins for $130 million, a transaction that will create North America's largest auto haul provider and double the company's owned fleet capacity.
The deal includes the assumption of approximately $75 million in debt, with the remaining $55 million paid in cash and stock, plus a potential earnout of up to $22.1 million based on EBITDA targets.
To fund the acquisition and restructure its debt, Proficient announced a $75 million private offering of convertible senior notes due 2033.
• 2mo ago AI analysis › Press Release ● Major
Proficient Auto Logistics Announces Participation in William Blair Growth Stock Conference; Sets Date to Report Second Quarter 2026 Financial Results
globenewswire.com • 5mo ago Press Release ⚠ 2
Proficient Auto Logistics Reports First Quarter 2026 Financial Results
Proficient Auto Logistics reported Q1 revenue of $93.7 million, down 1.6% year-over-year, while total operating loss widened to $6.9 million.
Adjusted operating income swung to a loss of $3.2 million from a profit of $1.2 million in the prior year, with the adjusted operating ratio deteriorating to 103.4%.
The board authorized a $15 million share repurchase program, repurchasing 82,877 shares during the quarter at an average price of $6.25.
• 5mo ago AI analysis › 
