Proficient Auto Logistics eyes margin recovery after challenging Q3
Shares of Proficient Auto Logistics were down 20% in early trading on Friday as investors contemplate the car hauler’s third-quarter net loss and margin recovery plan. The post Proficient Auto Logistics eyes margin recovery after challenging Q3 appeared first on FreightWaves .
Proficient Auto Logistics, the largest finished vehicle logistics platform in North America, anticipates a brighter outlook, despite a challenging third quarter in 2026. The Jacksonville, Florida-based company credits higher pricing, improved fuel surcharge recovery, and better-than-expected acquisition synergies for potential margin recovery.
The company reported a net loss of $10 million for the period, but excluding one-time items, it made a modest operating profit. The adjusted operating ratio was 350 basis points worse year-over-year. Shares of PAL fell 20% in early trading.
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