Patriot Transportation Holding, Inc. (PATI)

Provider of transportation and real estate services, primarily focused on the tank truck segment.

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Patriot Transportation Holding, Inc., operates primarily through its subsidiary, Florida Rock & Tank Lines, Inc., specializing in the transportation of petroleum, liquids, and dry bulk commodities. The company's core business involves the transportation of petroleum products, including gasoline and diesel fuel, catering to a diverse client base that includes convenience stores, hypermarkets, fuel wholesalers, and oil companies. Additionally, Patriot Transportation handles dry bulk commodities such as cement, lime, and various industrial powder products, along with water and liquid chemicals.

The company serves a wide range of customers in the industrial sector, including cement and concrete manufacturers, as well as product distribution companies. This diverse clientele underscores Patriot Transportation's capability to manage complex logistics needs across its operational footprint. As of September 30, 2022, Patriot Transportation operated an extensive fleet comprising 265 tractors, 36 owner operators, and 415 tank trailers. These assets are strategically deployed across 17 terminals and 6 satellite locations located in Florida, Georgia, Alabama, and Tennessee.

Headquartered in Jacksonville, Florida, Patriot Transportation Holding, Inc., leverages its robust infrastructure and fleet capabilities to ensure efficient and reliable transportation services. The company's operational excellence is supported by a strong commitment to safety, compliance, and customer satisfaction. Through continuous investment in fleet management and logistical infrastructure, Patriot Transportation remains a trusted partner in the transportation and logistics industry, poised to meet the evolving needs of its customers and maintain leadership in its market segment.

With a focus on delivering superior service and maintaining strong customer relationships, Patriot Transportation Holding, Inc., continues to expand its footprint and enhance its capabilities in transporting essential commodities critical to industrial and commercial sectors across its operational territories.

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