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Proficient recorded a 250 basis point improvement in operating ratio (OR) to 96.3% in the quarter compared to the corresponding quarter of last year. The sequential gain from the second quarter was just 40 bps. Even with the growth in deliveries, Proficient still had an operating loss of $101,000. However, that was a significant improvement from the $2.2 million in operating loss from the third quarter of 2024. But it was down from the second quarter 2025 operating profit of $125,000. The higher volumes hauled at Proficient showed up in operating revenue. It rose to $114.3 million from $91.5 million a year earlier. The EBITDA margin was flat from a year earlier at 10.5%. Sequentially, it increased from 9.8%. Rick O’Dell, the company’s CEO, said in the company’s prepared statement accompanying the earnings a theme heard by many trucking CEOs this quarter: things will get better. Given what he said was “excess transportation supply relative to current demand,” O’Dell added that “we do not expect this to persist long-term, as smaller carriers will face acute challenges related to equipment age and reinvestment, rising insurance costs, driver recruitment and driver fallout, and increasingly stringent service, quality, technology, and regulatory requirements.” Investors liked the PAL earnings in post-market trade. At approximately 4:30 pm EST, PAL stock was up 10.94% to $7.30, per Barchart data. Although the 12-month performance has been weak, down about 31.5%, recent gains have sent Proficient’s stock up about 13.2% in the last month and 10.2% in the last three months. More articles by John Kingston RXO faces a rate squeeze: what it means for the 3PL Beautiful women, open doors and drivers: trucking cybersecurity risks proliferate
