Patriot Transportation Explained

Patriot Transportation Holding, Inc.
Type:Public
Traded As:NASDAQ:[1]
Russell Microcap Index component
Foundation:Jacksonville, United States (1988)
spin-off of Florida Rock Industries
Location:Jacksonville, Florida, U.S.
Key People:John D. Baker II
(Chairman)
Thompson S. Baker II
(CEO)
Industry:Transportation
Products:Trucking
Real estate
Operating Income: US$ 20.434 million (FY 2013)
Net Income: US$ 15.385 million (FY 2013)
Assets: US$ 287.093 million (FY 2013)
Equity: US$ 192.646 million (FY 2013)
Num Employees:886 (September 2013)
Subsid:Florida Rock & Tank Lines, Inc.
Homepage:Patriottrans.com

Patriot Transportation is an American trucking and real estate holding company based in Jacksonville, Florida. Through its affiliates, Patriot specializes in moving freight consisting mainly of petroleum products and other liquids and also dry bulk commodities.[2]

As of September 30, 2013, Patriot Transportation had approximately $287.1 million in total assets. FRP Development Corp, the companies real estate division, acquires, constructs, leases and manages land and commercial buildings.

On December 21, 2023, United Petroleum Transports acquired the company for approximately 66.2 million dollars.[3]

See also

References

  1. Web site: Contact us. FRP Holdings Inc.. 7 December 2014.
  2. News: Patriot Transportation Inc: Profile. Bloomberg .
  3. Web site: United Petroleum Transports and Patriot Transportation Holding Conclude Acquisition. Nasdaq. 2023-12-25. en-US.

External links