Reported about 8 hours ago
Proficient Auto Logistics, despite a significant drop in stock price, reported solid performance metrics for the second quarter of 2025, showing improvements over the first quarter. The company achieved an operating ratio of 96.7% and an adjusted operating income of $3.8 million, despite lower year-on-year comparisons. Revenue rose 13% and unit volumes increased 25%, attributed partly to market dynamics following the closure of competitor Jack Cooper. However, the yield on deliveries declined significantly from last year. The company is focusing on increasing operational efficiency and moving more freight on owned vehicles.
Source: YAHOO