• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Proficient Auto Logistics Acquires Brothers Auto Transport, Expanding Fleet and Market Presence

By: Proficient Auto Logistics via Business Wire
April 02, 2025 at 08:30 AM EDT

Proficient Auto Logistics (NASDAQ: PAL), a leading provider of auto transportation and logistics services, today announced the successful acquisition of Brothers Auto Transport, LLC, a well-established carrier based in Wind Gap, PA. This transaction strategically expands PAL’s fleet, base of talented company drivers, and strengthens its presence in key northeastern markets.

Founded in 1996, Brothers Auto Transport brings new, and expands existing, OEM partnerships in PAL’s portfolio, further enhancing service capabilities and customer reach. With a strong track record of profitability, operational excellence, and reputation in the industry, Brothers Auto Transport’s expertise fits with PAL’s philosophy and supports PAL’s continued growth.

“This acquisition is an important milestone in our growth strategy,” said Richard O’Dell, Chief Executive Officer of Proficient Auto Logistics. “Brothers Auto Transport has built a well-run, profitable business with deep-rooted OEM relationships. The operational and geographic synergies between our companies will allow us to provide a higher level of service to our customers while elevating our presence in the Northeast. While this transaction is smaller than prior acquisitions, we expect the business to be accretive immediately, proportional to its size, and positioned to contribute to PAL’s long-term financial and operational objectives.”

The Brothers acquisition increases PAL’s fleet capacity by 13%, while integrating experienced drivers and operational and support management personnel into Proficient Auto Logistics’ team.

“This is an exciting opportunity for Brothers Auto Transport,” said Don Carney, former owner of Brothers. “Joining Proficient Auto Logistics allows Brothers to leverage additional resources, expand reach, and continue delivering the high-quality service customers expect. We look forward to the road ahead.”

The acquisition reinforces Proficient Auto Logistics’ position as a leading national provider of auto transport solutions, allowing the Company to deliver comprehensive service capabilities to both existing and new customers while maintaining a strong financial foundation.

For more information, visit www.proficientautologistics.com.

About Proficient Auto Logistics

We are a leading specialized freight company focused on providing auto transportation and logistics services. Through the combination of six industry-leading operating companies since our IPO in May 2024, we operate one of the largest auto transportation fleets in North America. We offer a broad range of auto transportation and logistics services, primarily focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250402695933/en/

Contacts

Investor Relations:

Brad Wright

Chief Financial Officer and Secretary

Phone: 904-506-4317

email: Investor.relations@proficientautologistics.com

More News

View More
Rocket Lab: A Parabolic Run Meets a Healthy Pullback
Today 17:07 EDT
Via MarketBeat
Tickers RKLB
Falling Fast, Rising Soon? 3 Stocks With Upside Ahead
Today 16:22 EDT
Via MarketBeat
Topics Earnings
Tickers ALLT ARDT GPI
The Top 120 Lesser-Known Affordable Luxury Vacation Spots in the U.S.
Today 16:15 EDT
Via MarketBeat
Healthcare Stocks Hit Valuation Bottom, 3 Names to Rebound
Today 16:13 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers LLY PFE UNH
Is Former Dividend Aristocrat AT&T a Buy After Q2 Earnings?
Today 13:41 EDT
Via MarketBeat
Topics Earnings
Tickers T TMUS VZ
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap