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Florida Rock & Tank Lines

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January 27, 2016 - Industry News

Earnings Watch: Heartland Profit Drops, Patriot Moves Higher

Earnings for the trucking company Heartland Express Inc. (NASDAQ: HTLD) declined in both the final quarter of 2015 and all of last year due to less business while Patriot Transportation Holding Inc. (NASDAQ: PATI) saw an improvement due in large part to a legal settlement.

Tags: Economy, Patriot Transportation, Heartland Express, Florida Rock & Tank Lines, Fleet Earnings

May 6, 2015 - Industry News

Patriot Transportation Reports Slight First Quarter Loss

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: Earnings, Patriot Transportation, Florida Rock & Tank Lines

December 31, 2014 - Industry News

FRP to Spin Off Patriot Transportation Holding

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: Patriot Transportation, Florida Rock & Tank Lines

August 26, 2014 - Industry News

Patriot Transportation Holding Closer to Spinoff of Bulk Carrier Operation

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.

Tags: Patriot Transportation, Florida Rock & Tank Lines

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