A Jacksonville-based auto transportation and logistics company run by the former CEO of Saia Inc. is planning an initial public offering.
Proficient Auto Logistics Inc. filed a registration statement with the Securities and Exchange Commission on April 11 to sell an unspecified amount of stock in its IPO.
The company has no operating businesses but has agreements to acquire five companies that produced a combined revenue of $415 million in 2023, according to the SEC filing.