Reports Q4 operating income ($1.913M) vs. $9.353M last year. Rick O’Dell, Proficient’s CEO, commented, “Proficient navigated through a continuing weak industry environment during the Q4, achieving top line growth of 4% compared to the previous quarter and improving adjusted operating ratio by 50 basis points quarter over quarter. We continue to build an integrated national operating foundation that we are confident will serve us well as the market begins to rebound. Likewise, the strength of our balance sheet will be a differentiating factor in the marketplace and positions us to take advantage of the opportunities that can often arise from difficult markets.”
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