Proficient Auto Logistics hauls new and used vehicles across North America using roughly 1,130 specialized trailers, serving carmakers, dealerships, auctions, and rental fleets. Think of it as the moving company for cars.
Revenue reached USD 0.43B in 2025, but the company lost money, with a net margin of -7.77% and gross margin of just 7.87%. The business is not yet profitable, with losses in both 2024 and 2025.
Competitors like United Road and Jack Cooper can replicate the fleet and routes, and the company's thin margins and losses show no pricing power. With no proprietary technology or exclusive contracts, customers can easily switch haulers.
Key events, in time order
Q2 revenue and adjusted EBITDA fell YoY, but management noted sequential improvement; EPS break-even
Acquisition to create North America's largest auto haul provider, with concurrent convertible bond financing
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