Proficient Auto Logistics (PAL) Investor presentation summary

Business overview

• Operates one of the largest auto transportation fleets in North America, serving over 90% of U.S. automotive OEMs with 2.3 million units shipped annually and 1,200+ vehicles and trailers in use daily.

• Focuses on transporting finished vehicles from production plants, ports, and rail hubs to dealerships, leveraging 55+ strategically located facilities.

• Built through five founding companies and post-IPO acquisitions, maintaining strong relationships with global OEMs, many exceeding 10 years.

Market and operational dynamics

• Revenue is primarily driven by OEM contracts (92%), with additional contributions from secondary and spot markets.

• Network density and efficiency are enhanced by sharing loads across operating companies and expanding subhaul networks.

• Rapid changes in available traffic and rising fuel costs are tightening industry supply and impacting margins.

Competitive landscape

• Industry saw oversupply in 2025, but major competitor bankruptcy and regulatory pressures have led to capacity loss and improved pricing.

• Demand now exceeds available capacity, supporting favorable pricing dynamics.