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Patriot Transportation

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November 17, 2016 - Industry News

Earnings Watch: Patriot Profit Higher, Others Mixed

Third-quarter financial reports from fleets and equipment makers continue to reflect a tepid freight environment.

Tags: Patriot Transportation, Cummins, Cummins Westport, Westport, Fleet Earnings, Quarterly Earnings, Economy, Radiant Logistics

April 27, 2016 - Industry News

Earnings Watch: Saia, Patriot, Covenant and Celadon

The wave of first quarter earnings reports from the nation’s publicly owned fleets continued on Wednesday, with three out of four lower than a year earlier due mainly to less freight to move.

Tags: Economy, Celadon Trucking Services, Celadon Group, Covenant Transport, Earnings, Patriot Transportation, Saia, Florida Rock & Tank Lines, Covenant Transportation Group, Fleet Earnings

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

May 8, 2014 - Industry News

Patriot Transportation Separating Trucking, Real Estate Businesses

Patriot Transportation Holding on Wednesday said it plans to separate its transportation business, the trucking company Florida Rock & Tank Lines, from its real estate businesses.

Tags: Patriot Transportation

February 4, 2014 - Industry News

Patriot Transportation Earnings Fall

The parent to liquid and dry bulk carrier Florida Rock and Tank lines reports earnings in the final three months of last year fell 25% from a year earlier, despite an increase in revenue.

Tags: Earnings, Patriot Transportation

December 4, 2013 - Industry News

Patriot Transportation Reports Big Spike in Profits

The parent to liquid and dry bulk hauler, Florida Rock & Tank Lines, has reported a huge increase in income for its fiscal fourth quarter as well as for its fiscal year.

Tags: Earnings, Patriot Transportation

May 6, 2013 - Industry News

USA, FFE, Covenant, P.A.M. Report First Quarter Losses, Patriot Boosts Profit

Several mainly truckload fleets have released first quarter results, with USA Truck and Frozen Food Express reporting narrower losses from a year ago, while Covenant Transport’s widened, P.A.M. Transportation went from a profit to a loss, and Patriot Transportation showed a bigger profit.

Tags: Covenant Transport, Earnings, USA Truck, Patriot Transportation, P.A.M. Transportation, Frozen Food Express, FFE, Fleet Financials

February 6, 2013 - Industry News

Patriot Transportation Profits Soars, USA Still In The Red

Recent financials from two different fleets show very different results, but both mentioned their success in adding drivers and cutting down on unseated trucks.

Tags: Fleet Financials, USA Truck, Patriot Transportation

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