Proficient Auto Logistics (PAL), the newly minted publicly traded auto carrier, signaled several weeks ago in a press release and SEC filing that its market had weakened and its third-quarter earnings were likely to be disappointing.
The numbers that came out Friday offered no surprises: Virtually every key financial measure was down, and comments by PAL (NASDAQ: PAL) management on an analyst call suggested there were few signs that the business of hauling autos from OEMs to dealers was getting...
https://www.freightwaves.com/news/weak-q3-numbers-bear-out-proficient-auto-logistics-prediction