Patriot’s Fourth-Quarter, Fiscal Year Income Improve

atriot Transportation Holding late Tuesday reported net income of $2.6 million or 85 cents a share for its fiscal fourth quarter ended Sept. 30, up from $2.2 million or 72 cents in the same quarter a year ago.

Net income for the fiscal year was $8.1 million or $2.62 a share, up from $7.6 million or $2.50 a year earlier.

Transportation segment revenue for the quarter was $33.2 million, up 11.9% over the previous fourth quarter. Fuel surcharges accounted for $1.52 million of the increase, the company said.

Patriot operates tank carrier Florida Rock & Tank Lines, flatbed hauler SunBelt Transport and a real estate business.