On August 10, 2026, Proficient Auto Logistics entered into an Equity Purchase Agreement to acquire Hansen & Adkins Auto Transport for approximately $130 million, including assumed debt of roughly $75 million. The remaining purchase price consists of approximately $3 million in common stock and $52 million in cash, with potential earnout payments up to $22.1 million based on EBITDA targets. Concurrently, the company announced a private offering of $75.0 million aggregate principal amount of convertible senior notes due 2033, expected to settle on August 13, 2026. Proceeds will refinance outstanding indebtedness and pay capped call premiums. The acquisition is expected to close in mid-August 2026. Additionally, the company reported second quarter 2026 financial results showing total operating revenue of $109.4 million and an adjusted operating loss of $3.2 million. Proficient Auto Logistics operates in the auto transportation and logistics industry, providing finished vehicle distribution services across North America.

Proficient Auto Logistics announced that its CEO and CFO will attend the William Blair Growth Stock Conference on June 2, 2026. Additionally, the company scheduled an investor conference call for August 10, 2026, to discuss financial and operating results for the quarter ended June 30, 2026.