Proficient Auto Logistics, a newly minted publicly traded auto carrier, has introduced itself with a relatively solid operating ratio for the first quarter and a double-digit EBITDA margin.
The company released its earnings this week for the quarter ended March 31. Its stock began trading May 9 in an IPO priced at $15 per share. The stock closed Thursday at $15.60 and has traded in a range of $14.50 to $16.53 since then.
In an email to FreightWaves, CFO Brad Wright said Securities and Exchange...