May 6, 2015 - Industry News
According to the Florida-based company this was the result of an “intangible asset impairment charge” of just over $2 million, with an with an after tax impact to net income of $1.265 million, relating to its November 2013 purchase of Pipeline Transportation.
Tags: Fleets, Earnings, Patriot Transportation, Florida Rock & Tank Lines
December 31, 2014 - Industry News
FRP Holdings Inc. announced Tuesday its board of directors unanimously approved the separation of its freight transportation business, Patriot Transportation Holding Inc., soon to be known as New Patriot, from its real estate business.
Tags: Fleets, Patriot Transportation, Florida Rock & Tank Lines
August 26, 2014 - Industry News
The parent company of bulk tanker carrier Florida Rock and Tank Lines filed papers a few days ago to spin off the trucking business into a new holding company that is separate from its real estate ventures.
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