Proficient Auto Logistics Acquires Brothers Auto Transport, Expanding Fleet and Market Presence
Proficient Auto Logistics (NASDAQ: PAL) has announced the acquisition of Brothers Auto Transport, a Wind Gap, PA-based carrier established in 1996. The strategic acquisition expands PAL's fleet capacity by 13% and strengthens its northeastern market presence.
The deal brings new OEM partnerships and enhances existing ones, incorporating Brothers' operational expertise, experienced drivers, and management personnel into PAL's operations. Brothers Auto Transport has demonstrated strong profitability and operational excellence in the industry.
According to CEO Richard O'Dell, while smaller than previous acquisitions, this transaction is expected to be immediately accretive proportional to its size and contribute to PAL's long-term objectives. Former Brothers owner Don Carney expressed optimism about leveraging additional resources and expanding reach under PAL's umbrella.
Proficient Auto Logistics (NASDAQ: PAL) ha annunciato l'acquisizione di Brothers Auto Transport, un'azienda di trasporti con sede a Wind Gap, PA, fondata nel 1996. Questa acquisizione strategica espande la capacità della flotta di PAL del 13% e rafforza la sua presenza nel mercato nord-orientale.
L'accordo porta nuove partnership con OEM e migliora quelle esistenti, incorporando l'esperienza operativa, i conducenti esperti e il personale di gestione di Brothers nelle operazioni di PAL. Brothers Auto Transport ha dimostrato una forte redditività e un'eccellenza operativa nel settore.
Secondo il CEO Richard O'Dell, sebbene sia più piccola rispetto alle acquisizioni precedenti, questa transazione è prevista come immediatamente accrescitiva in proporzione alle sue dimensioni e contribuirà agli obiettivi a lungo termine di PAL. L'ex proprietario di Brothers, Don Carney, ha espresso ottimismo riguardo alla possibilità di sfruttare risorse aggiuntive e ampliare la portata sotto l'ombrello di PAL.
Proficient Auto Logistics (NASDAQ: PAL) ha anunciado la adquisición de Brothers Auto Transport, una empresa de transporte con sede en Wind Gap, PA, establecida en 1996. Esta adquisición estratégica expande la capacidad de la flota de PAL en un 13% y fortalece su presencia en el mercado del noreste.
El acuerdo trae nuevas asociaciones con OEM y mejora las existentes, incorporando la experiencia operativa, conductores experimentados y personal de gestión de Brothers en las operaciones de PAL. Brothers Auto Transport ha demostrado una fuerte rentabilidad y excelencia operativa en la industria.
Según el CEO Richard O'Dell, aunque es más pequeña que adquisiciones anteriores, se espera que esta transacción sea inmediatamente accretiva en proporción a su tamaño y contribuya a los objetivos a largo plazo de PAL. El ex propietario de Brothers, Don Carney, expresó optimismo sobre la posibilidad de aprovechar recursos adicionales y ampliar el alcance bajo el paraguas de PAL.
Proficient Auto Logistics (NASDAQ: PAL)가 1996년에 설립된 Wind Gap, PA 기반의 운송업체 Brothers Auto Transport의 인수를 발표했습니다. 이 전략적 인수는 PAL의 차량 용량을 13% 확장하고 북동부 시장에서의 입지를 강화합니다.
이번 거래는 새로운 OEM 파트너십을 가져오고 기존 파트너십을 강화하며, Brothers의 운영 전문성, 경험이 풍부한 운전사 및 관리 인력을 PAL의 운영에 통합합니다. Brothers Auto Transport는 업계에서 강력한 수익성과 운영 우수성을 입증해왔습니다.
CEO Richard O'Dell에 따르면, 이전 인수보다 규모는 작지만, 이번 거래는 즉각적으로 규모에 비례하여 가치를 더할 것으로 예상되며 PAL의 장기 목표에 기여할 것입니다. 전 Brothers 소유자 Don Carney는 PAL의 지원 아래 추가 자원을 활용하고 범위를 확장할 수 있다는 것에 대한 낙관적인 입장을 표명했습니다.
Proficient Auto Logistics (NASDAQ: PAL) a annoncé l'acquisition de Brothers Auto Transport, un transporteur basé à Wind Gap, PA, fondé en 1996. Cette acquisition stratégique augmente la capacité de la flotte de PAL de 13% et renforce sa présence sur le marché du nord-est.
L'accord apporte de nouveaux partenariats avec des OEM et améliore les partenariats existants, intégrant l'expertise opérationnelle, les conducteurs expérimentés et le personnel de gestion de Brothers dans les opérations de PAL. Brothers Auto Transport a démontré une forte rentabilité et une excellence opérationnelle dans l'industrie.
Selon le PDG Richard O'Dell, bien que plus petite que les acquisitions précédentes, cette transaction devrait immédiatement être accretive proportionnellement à sa taille et contribuer aux objectifs à long terme de PAL. L'ancien propriétaire de Brothers, Don Carney, a exprimé son optimisme quant à la possibilité de tirer parti de ressources supplémentaires et d'élargir la portée sous l'égide de PAL.
Proficient Auto Logistics (NASDAQ: PAL) hat die Übernahme von Brothers Auto Transport bekannt gegeben, einem 1996 gegründeten Transportunternehmen mit Sitz in Wind Gap, PA. Diese strategische Übernahme erhöht die Flottenkapazität von PAL um 13% und stärkt die Marktpräsenz im Nordosten.
Der Deal bringt neue OEM-Partnerschaften und verbessert bestehende, indem er die betriebliche Expertise, erfahrene Fahrer und das Management von Brothers in die Abläufe von PAL integriert. Brothers Auto Transport hat starke Rentabilität und betriebliche Exzellenz in der Branche gezeigt.
Laut CEO Richard O'Dell wird diese Transaktion, obwohl sie kleiner ist als frühere Übernahmen, voraussichtlich sofort wertsteigernd in Bezug auf ihre Größe sein und zu den langfristigen Zielen von PAL beitragen. Der frühere Eigentümer von Brothers, Don Carney, äußerte Optimismus über die Möglichkeit, zusätzliche Ressourcen zu nutzen und die Reichweite unter dem Dach von PAL zu erweitern.
- Immediate fleet capacity expansion of 13%
- Acquisition expected to be immediately accretive
- Integration of profitable business with established OEM relationships
- Strategic expansion into northeastern markets
- Addition of experienced drivers and management personnel
- Smaller scale acquisition compared to previous deals
Insights
PAL's acquisition of Brothers Auto Transport represents a strategic expansion of its operational footprint and service capabilities in the competitive auto logistics sector. The 13% fleet capacity increase is substantial and should translate to immediate revenue enhancement opportunities, particularly given management's explicit statement that the acquisition will be accretive immediately.
This transaction demonstrates PAL's disciplined approach to inorganic growth through targeted acquisitions. By characterizing this as "smaller than prior acquisitions," management signals continued execution of a measured roll-up strategy in the fragmented auto transport industry where scale efficiencies are critical. Brothers' established OEM relationships bring valuable contractual revenue streams that typically offer stability and predictability to cash flows.
The Northeast market expansion is particularly significant as this region represents dense population centers with substantial vehicle movement requirements. For an asset-based business like auto transport, geographical density is a key profitability driver as it reduces empty miles and improves asset utilization.
While financial terms weren't disclosed, the emphasis on Brothers' "strong track record of profitability" suggests PAL has acquired a healthy operation that should contribute positively to consolidated results without extensive integration costs or operational restructuring. This transaction appears to strengthen PAL's competitive positioning through complementary operations and expanded customer relationships.
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
“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
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Investor Relations:
Brad Wright
Chief Financial Officer and Secretary
Phone: 904-506-4317
email: Investor.relations@proficientautologistics.com
Source: Proficient Auto Logistics
FAQ
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